Daily News: October 29, 2013

North Mill Provides A/R, Inventory Facility to Fibre-Craft Materials

North Mill Capital announced the funding of an accounts receivable and inventory credit facility to Fibre-Craft Materials is a craft and toy distributor located in Illinois.

Funds will be utilized to provide additional working capital for the company’s current financial need and future financial growth.

Working with the company’s management to understand their working capital needs, North Mill Capital was able to offer a solution to Fibre-Craft that other lenders could not.