North Mill Capital provided an $18 million revolving line of credit to Optical Cable Corporation.
The funds were used to refinance the prior lender and provide additional working capital for the company. Optical Cable Corporation is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions.
The company is headquartered in Virginia with additional manufacturing facilities in Texas and North Carolina.
"North Mill Capital was very easy to work with and were able to move extremely fast - going from signed term sheet to funding in less than 30 days," said Neil Wilkin, President & CEO,Optical Cable Corporation.