North Mill Capital provided a $1,000,000 total credit facility to Next Level For Recycling, located in East Windsor, Connecticut.
NLR, Inc. offers lamp recycling and universal waste recycling for ballasts, batteries, and electronic waste. The credit facility was comprised of an $800,000 revolving line of credit and a $200,000 term loan.
The funds were used to refinance existing debt and provide the company with ongoing working capital.