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Mill City finances short term insurance settlement

MINNEAPOLIS, April 28, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. ("Mill City") (OTCQB: MCVT) announced today its purchase of a settled insurance claim. Mill Citys 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...
Douglasm Polinsky Mill City Ventures Iii Ltd Mill City Ventures City Chief Executive Officer Douglas Private Securities Litigation Reform Act City Ventures

Mill City completes two additional insurance settlement fundings

Mill City completes two additional insurance settlement fundings News provided by Share this article Share this article MINNEAPOLIS, March 16, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. ("Mill City") (OTCQB: MCVT) announced today its participation in a purchase of two settled insurance claims. Mill Citys portion of participation was approximately $1.3M. Mill City Chief Executive Officer Douglas M. Polinsky said, "The new year has continued to bring new funding opportunities within the ...
Douglasm Polinsky Mill City Ventures Iii Ltd Mill City Ventures City Chief Executive Officer Douglas Private Securities Litigation Reform Act City Ventures

Mill City Ventures reports record year for revenues and earnings

Mill City Ventures reports record year for revenues and earnings News provided by Share this article Share this article WAYZATA, Minn., March 10, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. ("Mill City" or the "Company") (OTCQB: MCVT), a non-bank lender and specialty finance company, announced today its revenue and net income for the year ended December 31, 2020 was a record from 13 years in business. Revenues increased 700% to $1.3M from $161,000 for the prior year Earnings from opera...
Douglasm Polinsky Mill City Ventures Iii Ltd Mill City Ventures Executive Officer Douglas Private Securities Litigation Reform Act City Ventures

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