Daily News: February 1, 2019

Cadence Garven Receives $5MM A/R Facility from North Mill


North Mill Capital closed a $5 million accounts receivable credit facility Minneapolis-based Cadence Garven.

Cadence Packaging Group designs, produces and sells point of sale bags, boxes and packaging to retailers.

Garven designs and creates custom gift wrap and packaging accessories.

The funds will be used to pay off the company’s previous lender and provide on-going working capital.