North Mill Capital

SLR Business Credit, formerly known as North Mill Capital, is a commercial finance company that provides asset-based lending and factoring services to small and medium-sized businesses. While the company is not a life sciences or biotechnology firm itself, it maintains a specialized focus on the healthcare industry, providing essential working capital to medical providers, laboratories, and healthcare service organizations. The firm offers credit facilities ranging from $100,000 to $30 million, which are often used by companies to fund growth, manage cash flow, or navigate restructuring. In 2017, North Mill Capital was acquired by Solar Senior Capital (now SLR Capital Partners), leading to its eventual rebranding as SLR Business Credit in 2021. The company is headquartered in Princeton, New Jersey, and operates as a subsidiary within the SLR Capital Partners platform.