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North Mill Capital Provides $7.5MM ABL to Hutton Communications

February 08, 2017, 07:18 AM
Filed Under: Telecom


North Mill Capital has provided a $7,500,000 Asset Based Lending accounts receivable and inventory credit facility to Hutton Communications, Inc. The company is a distributor of commercial wireless communication parts and related equipment.
 
The funds were utilized to pay off their  existing lender and will provide additional working capital for growth.







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