North Mill Capital provided a $6 million credit facility to Cliffside, NC-based Abercrombie Textiles, a domestic weaver of flat woven upholstery fabric for the residential, hospitality, health care, recreational vehicle and transportation markets. The facility was comprised of a $4 million revolving line of credit and a $2 million term loan & capital expenditure facility,

“From one of my first meetings with one of the principles of North Mill,
they took an entrepreneurial approach to understanding our business,” said John Regan, CEO of Abercrombie Textiles. “This approach carried through in its underwriting process and discussions with their management team. They have demonstrated an eagerness to grow with the domestic manufacturer and we look forward to going forward and growing with NMC.”