Daily News: February 4, 2013

Cole Taylor Provides $5MM Facility to Fresh Foods Concepts


Cole Taylor Business Capital said it has financed a $5 million facility for Fresh Foods Concepts.

Proceeds of the facility were used to refinance existing debt and fund ongoing working capital.

The Buena Park, CA company is a manufacturer and distributor of fresh foods sold in grocer, club and mass merchant venues across the United States and Canada. Their product line includes salsas, dips, seafood salads and refrigerated foods distributed under branded and private labels.

Fresh Food Concepts is a portfolio company of Ancor Capital Partners, a private equity firm focused on U.S. manufacturing and distribution companies. Ancor is based in Fort Worth, TX.