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Home Deal Announcements

North Mill Delivers $20MM AR Facility to Reliable Tire Distributors

byABF Journal Staff
October 26, 2020
in Deal Announcements

North Mill Capital provided a $20 million accounts receivable and inventory credit facility to Reliable Tire Distributors, a wholesale tire distributor headquartered in Blackwood, NJ._x000D_
_x000D_
Reliable Tire Distributors used the proceeds to repay a prior lender and for additional working capital._x000D_
_x000D_
North Mill Capital provides asset-based loans and factoring facilities from $50,000 to $30 million.

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