Daily News: February 18, 2014

Cole Taylor Provides Double B Foods Facility

Cole Taylor Business Capital announced the funding of an $8 million facility for Double B Foods. Proceeds of the facility were used to refinance existing debt, fund ongoing working capital and to enhance production capabilities.

Peter Shabecoff, partner at Atlantic Street Capital Management, said, “The whole process with Cole Taylor Business Capital has been an absolute pleasure and such a positive experience for us. They were sensitive to the company’s needs and our tight time frame.”

Arlington, TX-based Double B Foods, a portfolio company of Atlantic Street Capital Management, is a manufacturer of frozen food appetizers.