Daily News: February 21, 2014

Cole Taylor Announces Revolver for Marine Accessories

Cole Taylor Business Capital announced it recently provided a $5 million senior revolving credit facility for Marine Accessories Corp. (MAC). The revolving credit facility was provided in conjunction with a new $20 million senior term loan funded by Medley Capital as part of a debt refinancing.

Knoxville, TN-based Marine Accessories Corp. designs, engineers and manufactures niche accessories to the recreational boating industry.