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North Mill Capital Provides $1.5MM Facility to Parts Manufacturer

May 24, 2016, 07:52 AM
Filed Under: Manufacturing

North Mill Capital announced it has provided a $1.5 million accounts receivable financing facility and equipment term loan to a manufacturer of military vehicle parts. The Wisconsin-based company was in need of additional working capital.

Funds were utilized to pay off current lender, purchase equipment as well as provide additional working capital to support company growth and expansion.  

North Mill Capital LLC provides asset-based loans and factoring facilities to businesses with borrowing needs up to $30 million.


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