North Mill Capital funded a $15 million total credit facility for SPAR Group.

The funds were utilized to pay off the bank and provided the additional working capital the company was looking for to support their plans for growth.

Located in Auburn Hills, MI, SPAR Group provides merchandising and other marketing services to manufacturers, distributors and retailers all over the world, primarily mass merchandisers, office supply, grocery, drug store, independent, convenience, toy, electronics and home improvement stores.

North Mill Capital provides asset-based loans and factoring facilities from $50,000 to $30 million to businesses in the United States. It is headquartered in New Jersey with regional offices in Minnesota and Utah and with sales offices throughout the country. North Mill is a portfolio company of Solar Senior Capital.