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New York, New York–(Newsfile Corp. – Aug. 2, 2022) – Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, was recently the subject of media coverage by leading news site and publisher, SmallCapsDaily. The coverage details how Mill City Ventures is playing a key role for high-growth small businesses and property operators in a relatively unstable credit market environment, with higher thresholds for bank loans and rising interest rates. SmallCapsDaily’s deep dive outlines the fundamentals and returns of capital employed by Mill City Ventures III, Ltd. (OTCQB: MCVT), noting that Mill City specializes in lending money or other specialized financing options to public and private companies to fund their operations, including start-up, acquisition and growth.
The article also outlines how Mill City primarily focuses on lending to private and publicly listed companies and reveals that their goal is to provide above-market returns to their investors while working to reduce investor risk. Based in Wayzata, Minn., the coverage notes that Mill City also provides litigation financing, asset-backed loans, title loans, tax anticipation loans, home bridge loans, mortgages, and more. The company is headquartered in Wayzata, Minnesota.
Given its unique approach to lending, in that Mill City Ventures assesses each loan application by considering hard data such as the borrower’s intent and ability to pay, as well as the value of the loan. ‘asset of any pledge collateral, coupled with the company’s fast processing speed that justifies the higher cost of borrowing for any borrower, potential borrowers are increasingly looking to Mill City.
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Key points to remember
With fewer reporting requirements, Mill City Ventures has significantly higher flexibility in its investments and lending policy and offers a great mix of aggressive lending and robust risk management.
Mill City Ventures posted a strong return on equity of 11% and an overall return on capital employed of 9.4%.
Mill City Ventures manages nearly $19 million, taking into account the company’s total debt and equity holdings.
Mill City has had an ROI on recent loans as high as 58.29%.
About Mill City Ventures III, Ltd.
Founded in 2007, Mill City Ventures III, Ltd., is a non-bank short-term lending and specialty finance company. Additional information can be found at www.sec.gov.
SmallCapsDaily profiles do not constitute a solicitation or recommendation to buy, sell or hold any securities. SmallCapsDaily is a paid advertiser and does not offer titles for sale. Neither SmallCapsDaily nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an investment adviser under any federal or state law and none of the information provided by SmallCapsDaily, its owners, operators, affiliates or anyone disseminating information on its behalf should not be construed as investment advice or investment recommendations. Small Caps Daily does not recommend that any securities featured be bought, sold or held and is not responsible for the investment decisions of its readers or subscribers. Information presented by Small Caps Daily may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statement expressing or implying discussions of forecasts, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance, are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made, which involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated. . Forward-looking statements can be identified by the use of words such as “expects”, “will”, “anticipates”, “estimates”, “believes”, “may” or by statements that certain actions “may , “could” or “could” happen.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132545