North Mill Capital (NMC) has acquired the portfolio of Sage Business Credit, a Minneapolis, Minnesota based factoring company. The portfolio will be serviced by NMC’s factoring operation in Minneapolis. 

Kristin Erickson, a Senior Vice President at NMC and the originator of the opportunity, stated, “This acquisition expands our factoring business in the Midwest.”

Rochelle Hilson, NMC’s COO of factoring, said, “Our long-term relationship with the shareholders of Sage and their excellent credit quality made this a perfect fit for us.”  
North Mill Capital LLC is a national asset based lending and factoring company with full-service offices in Princeton, New Jersey, Minneapolis, Minnesota and Salt Lake City, Utah.  NMC is a wholly owned subsidiary of Solar Senior Capital.