Daily News: March 14, 2012

Cole Taylor Business Capital Provides $8MM to HB&G Building Products


Cole Taylor Business Capital (CTBC) has announced the funding of an $8 million senior secured facility to HB&G Building Products, Inc., a manufacturer of specialty millwork, interior and exterior columns, as well as posts and rails for porch and deck applications. Proceeds of the facility will be used to fund ongoing working capital needs.

Cole Taylor Business Capital is the asset-based lending division of Cole Taylor Bank that seeks asset-based lending opportunities in the $5 million to $50 million range.