$1,500,000 Revolving Line of Credit
$450,000 Equipment Term Loan
The funds were used to pay down the bank and provide ongoing working capital for expansion of the company.
D.A. Distribution, Inc. is a manufacturer and installer of decorative stones used for interior and exterior walls and fireplaces. The family owned and operated business has been serving the industry for over 40 years and is headquartered in Minnesota.
For further information, please contact:
Daniel F. Tortoriello
North Mill Capital provides asset based loans and factoring facilities from $50,000 to $30 million.
North Mill Capital LLC is a portfolio company of Solar Senior Capital Ltd. [NASDAQ: SUNS]