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North Mill Capital Funds Seating Concepts, LLC
February 18, 2020
Source: North Mill Capital
North Mill Capital is pleased to announce the funding of a $3,000,000 revolving line of credit and a $500,000 equipment term loan facility to Seating Concepts, LLC.
The proceeds were used to pay off the existing lender and provide additional working capital.
Founded in 1980, Seating Concepts, LLC is a manufacturer of furniture and decor for the restaurant and food service industry. The company operates out of a 200,000 square foot manufacturing facility located in Rockdale, Illinois.
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.
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