Mill City Ventures Closes On $3.9 Million Funding The Single Largest Transaction In Corporate History
Feb 28, 2022•over 3 years ago
Description
Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its funding of a pre-closing to the sale of a 350-unit apartment complex. Mill City Ventures advanced $3.9 million in the form of a short-term note with an anticipated annualized return of approximately 20%. This investment represents the largest single investment in company history.