Daily News: August 21, 2014

North Mill Funds Call Center Services Company Facility

North Mill Capital announced the funding of a $2 million credit facility to a call center services company located in Connecticut.

The credit facility allowed for North Mill to factor specific account receivables which had large potential increased volume for the borrower that the current bank lender was not comfortable funding. NMC working in conjunction with the current lender gave the bank the ability to remain in an otherwise acceptable credit.