Daily News: August 12, 2013

Cole Taylor Provides Financing for Milmar Food Group

Cole Taylor Business Capital said it provided a $10 million facility for Milmar Food Group II. Proceeds of the facility were used to refinance existing debt and fund ongoing working capital.

The company, located in Goshen, NY, is a producer of frozen foods, hors d’oeuvres, crepes, blintzes and pre-plated prepared entrée’s, which are distributed nationally and internationally to the food service, retail, wholesale clubs, private label and airline industries.