FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray LOGIN ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

North Mill Capital Funds $3.5MM Financing for Seating Concepts

February 18, 2020, 07:00 AM
Filed Under: Manufacturing

North Mill Capital announced the funding of a $3,000,000 Revolving Line of Credit and a $500,000 Equipment Term Loan Facility to Seating Concepts, LLC.

The proceeds were used to pay off the existing lender and provide additional working capital.

Founded in 1980, Seating Concepts, LLC is a manufacturer of furniture and decor for the restaurant and food service industry.  The company operates out of a 200,000 square foot manufacturing facility located in Rockdale, Illinois.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.

Sector/Economic Data
U.S. Census Bureau – U.S. Department of Commerce
March 2022 Construction Spending Report
U.S. Census Bureau – U.S. Department of Commerce
Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022
view all sector/economic data
Featured Articles
The New Face of Sub Debt
As the commercial lending market evolves, non-bank sub-debt...
by Joseph Camberato
The Legal Landscape in the Commercial Finance Industry
Two leading legal experts unpack the shifting landscape and address...
by Charlie Perer
Most Popular | All Articles
Sponsored Content
CFG Merchant Solutions Underwriter Academy
CFGMS is proud to announce our new program: Underwriter Academy! Fast-track into a position with one of our producing underwriting teams.
sponsored by:
LEARN MORE