Mill City Ventures III, Ltd. (MCVT) provided a $2 million short-term loan to Enchant Christmas, LLC. This funding is designated to facilitate three holiday attractions. The attractions are planned for Las Vegas, San Jose, and Seattle.
This loan underscores MCVT's ongoing operations in its traditional specialty finance segment. The company continues to provide capital solutions to businesses. This particular investment supports a seasonal entertainment venture.
The transaction reflects MCVT's strategy of generating revenue from high-yield, short-term loans. These loans are typically collateral-backed and contribute to the company's consistent investment income.
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