SmallCapsDaily: Mill City Ventures Outperforms in the Specialty Finance Space
August 02 2022 - 11:27AM
InvestorsHub NewsWire
New York, NY -- August 2, 2022 -- InvestorsHub NewsWire --
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.
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