Daily News: February 16, 2012

Cole Taylor Business Capital Inks Facility for Mid-State Supply


Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a senior secured facility for Yellow Thunder Corporation (d/b/a Mid-State Supply), an independent distributor of plumbing, heating and electrical supplies as well as kitchen cabinetry. Proceeds of the facility will be used to fund ongoing working capital needs.

Mid-State was founded in 1948 and is second generation owned and managed. The company is located in Wisconsin.

Cole Taylor Business Capital seeks asset-based lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million.