New York, NY - (NewMediaWire) - August 02, 2022 - Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, was the subject of recent coverage by leading financial news website and publisher, SmallCapsDaily. The coverage details how Mill City Ventures plays a key role for small, high-growth businesses and real estate operators in a credit market environment that is relatively unstable, with higher thresholds for bank lending and increasing interest rates. SmallCapsDaily’s deep dive, outlines the fundamentals and returns on capital employed by Mill City Ventures III, Ltd. (OTCQB:MCVT), noting that Mill City specializes in lending money or other specialty finance options for public and private companies to fund their operations, including start-up, acquisition, and growth.
The article also describes how Mill City focuses primarily on lending to privately held and publicly traded businesses and reveals that their objective is to provide above-market returns to their investors while making every effort to lower investor risk. Headquartered in Wayzata, Minnesota, the coverage notes Mill City also provides litigation finance, asset-backed loans, title loans, tax anticipation loans, real estate bridge loans, mortgages, and more. The company is headquartered in Wayzata, Minnesota.
Given its unique approach to lending, in that Mill City Ventures evaluates each loan request by considering hard data like the borrower's intention and ability to pay, as well as the asset value of any pledged collateral, coupled with the company’s fast-processing speed which justifies the higher cost of borrowing for any borrower, prospective borrowers are increasingly seeking out Mill City.
For more detailed information, visit
https://smallcapsdaily.com/mill-city-ventures-a-true-outperformer-in-the-specialty-finance-domain
Key Takeaways
● With fewer reporting requirements, Mill City Ventures has significantly higher flexibility with respect to its investments and lending policy and it has an excellent blend of aggressive lending and robust risk management.
● Mill City Ventures has a solid return on equity of 11% and an overall return on capital employed of 9.4%.
● Mill City Ventures is managing almost $19 million, when taking the total debt and equity holdings of the company in consideration.
● Mill City has had ROI’s on recent lending as high as 58.29%.
About Mill City Ventures III, Ltd.
Founded in 2007, Mill City Ventures III, Ltd., is a short-term non-bank lending and specialty finance company. Additional information can be found at www.sec.gov.
Forward-looking Statements
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