Daily News: March 12, 2014

North Mill Provides A/R, Inventory Facility to Food Packager

North Mill Capital announced it provided a $3 million A/R and inventory credit facility, which included a junior participation with shareholders, to a company in the packaging business with a specialty in the food industry.

As a result of the facility, the prior lender was paid in full, and the company generated additional working capital for future growth.