North Mill Capital funded a $750,000 accounts receivable facility for Aqua Green Services in South Carolina.
The funds were used to pay off the company’s current lender and provide additional working capital for the company.
Aqua Green Services provides managed and non-managed staffing solutions, full turnkey operations, corporate housekeeping training, consultation and quality assurance auditing and floor care services to major hotels, resort groups and property management companies in the United States.
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.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!