North Mill Capital announced the funding of a $1,000,000 Accounts Receivable Facility to Staff Right Solutions, LLC.
The funds were used to pay off the current lender and provide additional working capital for the company.
Staff Right Solutions, LLC is headquartered in New Jersey and provides temporary staffing and permanent placing to distribution and manufacturing companies.
North Mill Capital provides asset based loans and factoring facilities from $50,000 to $30 million to businesses in the United States. NMC is headquartered in New Jersey with regional offices in Minnesota and Utah and with sales offices throughout the country. North Mill Capital LLC is a portfolio company of Solar Senior Capital Ltd.