asset based lending from north mill capital
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AssetBased Lending (ABL)
North Mill Capital's AssetBased Lending (ABL) program can be an excellent alternative forbusinesses which do not qualify for traditional bank financing, but have quality accountsreceivable on their books...
Program Overview
Financing from $500,000 $30 Million
Advance ratesUp to 85% on Accounts ReceivableUp to 50% on InventoryUp to 85% against liquidation value of Machinery and Equipment
Common Client Characteristics:Marginally profitable or losing moneyWeak balance sheetReporting lossesNegative tangible equityIn or emerging from bankruptcyCurrently in the asset recovery department of a bank
To learn if your client is a fit for our AssetBased Lending Program, please contact me todayat 2033049527 or [email protected].
North Mill Capital LLC is a privately owned, nonbank assetbased lending and factoringcompany with fullservice offices in Princeton, New Jersey and Minneapolis, Minnesota doingbusiness throughout the United States. Our clients have credit facility needs ranging from$100,000 to $30 million.
"We are big enough to serve you and small enough to know you."
Chris Lehnes
Senior Vice President
2033049527