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EQS-News: Mill City Ventures III, Ltd
to guide and help you figure out which investment type can help meet your financial goals. The advisor may introduce you to popular investment options such as stocks, bonds, mutual funds, index funds, exchange-traded funds (ETFs) and options. You can also borrow to invest over the long term — through margin loans for shares or investment property loans. A margin loan lets you borrow money to invest in shares, ETFs and managed funds. When it comes to where you could go for such loans, a few names come up — like Manhattan Bridge Capital Inc. (NASDAQ: LOAN), Oxford Square Capital Corp. (NASDAQ: OXSQ), U.S. Global Investors Inc. (NASDAQ: GROW) and Mill City Ventures III Ltd. (NASDAQ: MCVT). A Different Kind Of Lender?Unlike some other players in the industry, Mill City specializes in investments in debt and equity securities of public and private companies looking to fund operations, whether for starting up, acquiring another company or fuelling growth. Founded in January 2006, the company reports that it primarily focuses on investing in, lending to and making managerial assistance available to privately held and publicly traded companies. Over the years, Mill City notes that it has provided non-bank lending and specialty finance to companies and individuals on both a secured and unsecured basis. The primary specialty finance solutions the company offers are high-interest, short-term lending arrangements. Designed for individuals, business owners, real estate owners, house redevelopers and small business owners, the company’s lending arrangements occasionally involve the company obtaining collateral as security for the borrower’s repayment of funds. The loans the company provides typically have maturities ranging from nine to 12 months and may involve a pledge of collateral or, in the case of loans made to companies, personal guarantees by the borrower’s principals. Nature Of Lending Operations
Since commencing non-bank lending operations in January 2020, its average loan size and weighted rate trajectory have increased year over year. This change resulted from the company’s focus on making higher-dollar loans that usually have additional features such as the quality of the borrower and collateral levels. Key Investment Considerations
For a bespoke lender that provides custom and tailored lending to meet a customer’s needs, Mill City could have an advantage over competitors, with a significant driver being that it is not subject to many of the regulatory limitations that govern traditional lenders or institutional competitors. Read more about Mill City Ventures at . Founded in 2007, Mill City is a short-term non-bank lending and specialty finance company. Additional information can be found at This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact DetailsTraDigital IR- John McNamara Company Website News Source: News Direct
29.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG. |
| Language: | English |
| Company: | Mill City Ventures III, Ltd |
| United States | |
| ISIN: | US59982U2006 |
| EQS News ID: | 1453469 |
| End of News | EQS News Service |
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1453469 29.09.2022 CET/CEST
