CEO Douglas Polinsky stated, “2024 was a transformative year for Mill City as we significantly improved our financial position, reduced operating costs, and refined our lending strategy. By focusing on fewer but higher-value loans, we enhanced our ability to generate sustainable returns while strengthening liquidity. Our investment in our primary borrower, along with other strategic refinancings, positions us well for continued growth. With strong cash reserves and a disciplined approach to capital deployment, we are confident in our ability to drive shareholder value in 2025 and beyond.”
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