North Mill Delivers $900K A/R Facility to Sic Lazaro US
North Mill Capital provided a $900,000 accounts receivable credit facility to Sic Lazaro US, which will use the funds to provide additional working capital to support the company's growth.
North Mill Capital worked closely with the Milwaukee Economic Development Corporation to close the deal.
Sic Lazaro US is a manufacturer of larger metal fabrications and counterweights for heavy machinery and elevators.
North Mill Capital provides asset-based loans and factoring facilities from $50,000 to $30 million.