{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"Mill City completes insurance settlement funding - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"Dvzy8lLEy7\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-completes-insurance-settlement-funding\/\">Mill City completes insurance settlement funding<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/mill-city-completes-insurance-settlement-funding\/embed\/#?secret=Dvzy8lLEy7\" width=\"600\" height=\"338\" title=\"&#8220;Mill City completes insurance settlement funding&#8221; &#8212; Market Newsdesk\" data-secret=\"Dvzy8lLEy7\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"PR Newswire MINNEAPOLIS, Jan. 14, 2021 \/PRNewswire\/ &#8212; Mill City Ventures III, Ltd. (&#8220;Mill City&#8221;) (OTCQB: MCVT) announced today its participation in a purchase of two settled insurance claims. Mill City&#8217;s portion of participation was $1.05M. Specific terms of the loan were not disclosed. However, Mill City Chief Executive Officer Douglas M. Polinsky said, &#8220;The purchase of this fully adjudicated settlement is another example of our flexibility as a hard money lender and specialty finance company. The settlement is well within our risk standards and the return on our investment is far above market for similar type risk investments. We are able to receive above market rates due to our quick underwriting and funding process.&#8221; Forward-Looking Statements Forward-looking statements in &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG49058&amp;sd=2021-01-14"}