Daily News: August 15, 2013

Cole Taylor Business Capital Provides Financing for Betty Machine


Cole Taylor Business Capital said it recently funded a $15 million facility for Betty Machine Company, based in Hendersonville, TN. Proceeds of the facility were used to refinance existing debt and fund ongoing working capital.

In business for more than 65 years, the company manufactures precision machine parts and primarily serves the light vehicle and automotive market as a Tier II supplier.