Invoice Based Financing

Invoice based financing (also known as factoring or accounts receivable financing) is a solution to cash flow problems for businesses. Factoring is an alternative to asset based lending. Advances are tied to your accounts receivable and may include inventory and other assets.

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"From financing arranged at the time the business was acquired, through quick and predictable cash flow availability provided by ongoing receivables financing, North Mill Capital has played an important role in our development."

Dick Lang | President
EZ-International, Inc.

We greatly appreciate the partnership we have had with North Mill Capital. You can use us as reference at any time. I mean that. You have been:

Responsive: I think you all work 24/7.
Reasonable: You approached every aspect of our account as a reasonable business person would.

And Heidi is the best account rep we could have had. Thank you all!

Gary Richardson | Chief Financial Officer
MTM, Inc.

"We were able to keep our owners equity structure intact through a very rapid growth period thanks to the resources provided by North Mill Capital. We now have a highly motivated management team due to the ownership they retained when dilution was a constant risk."

Gene Champeau | President and CEO
NeoMetrics, Inc.

"My client needed a flexible line of credit to be able to work through growth spurts and operational improvements. North Mill Capital provided that credit for a temporary period of time and was easy to work with from start through the transition to a traditional line at a commercial bank."

Kevin Seiberlich | Managing Director
Optimus Financial Services, LLC

"We were referred to North Mill Capital for working capital financing. We were able to tell our story to the decision makers. Together, we were able to sit across the table and work out a deal."

Mike Cardella | President
Cardella Waste Service

"We needed financing as our bank decided to exit the ABL market. We were contacted by North Mill Capital. They were able to close our loan within 3 weeks. We repaid the bank and obtained additional working capital through a revolving line of credit and term facility. I highly recommend them."

Bill Goodman | President
Industrial Rivet

"North Mill Capital played a key role in putting together a complex financing strategy for our Company during a very tough bank credit period. We would not have been able to continue to grow without the additional cash flow provided through the financing of our receivables that North Mill provided. They got us through that difficult period and provided us with great ideas that allowed us to return to standard bank financing. We are still using their credit analysis services for new and existing customers."

John W. Carl | President
Crawford Door Sales Company

"North Mill's dedicated team of creative professionals cared about me and Sissini Food Services, Inc. They were the difference between barely surviving to truly thriving."

Anthony C. Sisinni | President and CEO
Sisinni Food Services, Inc. d.b.a. Main Street Bakery

"Our experience with North Mill Capital was extremely professional and provided us a positive alternative of financing for a transition period."

Roger Davis | President
Gardner Opening Technologies, Inc.

"NMC Team: Thanks so much for getting this done so quickly and really working with us. We really appreciate how flexible you have been throughout the entire process--you said you were going to do this Loan Modification and you did not back down. It's nice to know we can really count on you. Thanks again."

Mark Karbiner | Senior Director
Phoenix Management Services

"I want to 'Thank You' for the NMC loan to Duffey Paper Company and for working with us. Your help and service was much appreciated. Thanks again."

Anna Margl | Treasurer
C.J. Duffey Paper Company

Invoice Based Financing

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Typical Size of Loans: $50,000 – $30,000,000

Advance Rates: Accounts Receivable up to 90%

Common Characteristics:

Flexible Structure:

Other Services: