Lighthouse Financial Corp. announced today that it has provided a $1 million revolving line of credit to a North Carolina based feed mill. Founded in 1986, the company is a second generation family owned business that manufactures agricultural feed sold in the local market. The company's products include animal feed, agricultural commodities, alfalfa hay, pine shavings, supplements,minerals and animal health products.

The line is designed to refinance an existing bank loan and to support working capital needs in response to increasing sales. Lighthouse was able to provide an aggressive loan structure on accounts receivable and inventory that completely paid out the existing lender's line of credit and provided excess working capital.