Mill City participates in $1 62M short term insurance settlement prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Mill City Ventures III, Ltd. ("Mill City" or the "Company") (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its.
Mill City finances $1 48M short term insurance settlement mesabitribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mesabitribune.com Daily Mail and Mail on Sunday newspapers.
Mill City Ventures III, Ltd Reports Record First Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
MINNEAPOLIS, April 28, 2021 /PRNewswire/ Â Mill City Ventures III, Ltd. ( Mill City ) (OTCQB: MCVT) announced today its purchase of a settled insurance claim. Mill City s portion of participation was approximately $840,000. The investments has maturity date 90 days from purchase.
Mill City Chief Executive Officer Douglas M. Polinsky said, Opportunities such as this continue to abound for Mill City. We are especially attracted to settled-claims financing due to their short duration, low-risk profile and exceptional returns. The annualized returns on these investments generally exceeds 30 percent. And we are able to provide a valuable service in allowing people due money on adjudicated settlements to wait no longer than necessary.