- 4/20 - Secured Lenders’ Feud
- GemCap Partners With VION Investments in Low- and Middle-Market Commercial Funding
- Rosenthal Acquires Factoring Division of Lyon Credit Services, Expanding Capabilities, Reach Across Furniture Sector
- US Law Firms Troutman Pepper, Locke Lord in Talks to Merge
- Architect Capital Launches With $100 Million to Provide Asset-based Financing to Technology Companies in the U.S. and Latin America
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
Email: KErickson@NorthMillCapital.com
NorthMillCapital.com
In This Section