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MINNEAPOLIS, April 28, 2021 /PRNewswire/ -- 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 ...

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 City's 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 scope of our core funding programs. Again, we are able to provide a valuable service in allowing pe...

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 operations was $561,000, an increase from a loss of $672,000 for the prior year Net asset increase from ...

MINNEAPOLIS, Feb. 23, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. (OTCQB: MCVT), a leader in non-bank short-term lending and specialty finance, announced record-breaking financial performance in 2020. The company

MINNEAPOLIS, Jan. 19, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. ("Mill City") (OTCQB: MCVT) announced today its participation in a purchase of a settled insurance claim. Mill City's portion