North Mill Capital provided a $5 million asset-based line of credit4 to 203 Trading.
Norwalk, CT-based 203 Trading is a distributor of refurbished computers and electronics
The funds will be used to repay the company’s previous lender and provide additional working capital to support the company’s significant growth.
“Our experience with North Mill Capital has been fantastic. They have been very responsive and understanding of our needs as a growing business. Our partnership will allow us to take our business to the next level. Everyone at North Mill has been professional, courteous, and a pleasure to work with,” said Mark Kingsley, owner, 203 Trading.