North Mill Capital Acquires Sage Business Credit Portfolio

January 8, 2020

Source: North Mill Capital LLC

North Mill Capital LLC (NMC) has acquired the portfolio of Sage Business Credit, a Minneapolis, MN-based company. 

The portfolio will be serviced by NMC's factoring operation in Minneapolis.

"This acquisition expands our factoring business in the Midwest," said Kristin Erickson, a senior vice president at NMC and the originator of the opportunity.

Rochelle Hilson, NMC's COO of factoring, added "Our long-term relationship with the shareholders of Sage and their excellent credit quality made this a perfect fit for us."

NMC is a national asset based lending and factoring company with full-service offices in Princeton, New Jersey, Minneapolis, MN and Salt Lake City, Utah. NMC is a wholly owned subsidiary of Solar Senior Capital (NASDAQ: SUNS).

For further information, please contact:

Kristin Erickson, Senior Vice President
5401 Gamble Drive, Suite 200
Minneapolis, MN 55416
Office: 952.259.6222 office
Cell: 651.470.8420 cell