North Mill Capital Announces the Funding of an Accounts Receivable Facility to Metromedia Technologies, Inc.
September 30, 2019
Source: North Mill Capital
North Mill Capital is pleased to announce the funding of a $750,000 Accounts Receivable Facility to Metromedia Technologies, Inc. in New York, New York.
The funds will be used to pay off the previous lender and provide additional working capital for the company.
Metromedia Technologies, Inc. is a media display company serving the out of home advertising, sports and event venues and retail environments.
North Mill Capital provides asset based loans and factoring facilities from $50,000 to $30 million to businesses in the United States. NMC is headquartered in New Jersey with regional offices in Minnesota and Utah and with sales offices throughout the country. North Mill Capital LLC is a portfolio company of Solar Senior Capital Ltd.
For further information, please contact Dan Tortoriello at (609) 917-6202 or DanT@NorthMillCapital.com
