North Mill Capital Closes $3MM Revolver for Seating Concepts
North Mill Capital funded a $3 million revolving line of credit and a $500,000 equipment term loan facility to Seating Concepts.
The proceeds were used to pay off the existing lender and provide additional working capital.
Founded in 1980, Seating Concepts, is a manufacturer of furniture and decor for the restaurant and food service industry. The company operates out of a 200,000 square foot manufacturing facility located in Rockdale, IL.