Daily News: March 7, 2012

North Mill’s PrinSource Closes $3.5 Million to Two Companies

PrinSource Capital, a subsidiary of North Mill Capital LLC, has closed a $2.5 million working capital facility for a commercial cleaning service company located in Minnesota.

PrinSource also provided a $1 million factoring facility to an appraisal management company located in Minnesota.

North Mill Capital LLC is an asset-based lender and factor offering loans from $200,000 to $10 million.