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

Written By Terri Baker

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.

Reliable Tire Distributors used the proceeds to repay a prior lender and for additional working capital.

North Mill Capital provides asset-based loans and factoring facilities from $50,000 to $30 million.

Terri Baker
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