North Mill Capital announced the funding of a $1.5 million revolving credit facility for Narragansett Brewing. Located in Rhode Island, the brewing company will use funds to promote future growth.

Founded in 1890, Narragansett is New England's oldest beer and the official beer of the Red Sox for over 30 years. Their flagship lager was the winner of the Bronze Medal at the 2008 World Beer Cup and First Place at the Great International Beer Festival in 2010.

North Mill Capital is a national asset based lender and factor with offices in Princeton, New Jersey, Minneapolis, MN and Milwaukee, WI. North Mill Capital provides asset-based loans and factoring facilitiies to borrowers throughout the United States to businesses with borrowing needs between $150,000 to $12 million.