North Mill Provides $8MM ABL Facility for Coastal Wire Company

Written By Heather Villa

North Mill provided an $8 million asset-based lending facility for  Georgetown, SC-based Coastal Wire Company.

The funds were used to pay off the previous lender and provide additional working capital for the company. Coastal Wire Company was founded in 1978 and manufactures fully annealed, high-strength baling, tying and specialty wire products for the recycling and galvanizing industries.

Heather Villa
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