Cole Taylor Business Capital funded a $12 million facility for PureTek. Proceeds were used to refinance existing debt and fund ongoing working capital.
Arsenal Capital’s Diversified Global Graphics Group completed the refinancing of its senior debt with Cole Taylor Business Capital. The terms of the loans were not disclosed.
The Cole Taylor Business Owners Confidence Index survey for H1/13 shows growing concern over the economy and strong criticism of government policies by the Chicago area’s mid-size business owners and managers.
Cole Taylor Bank announced it has formed a national ESOP Finance Group. The bank said that Patrick J. Stoltz, group SVP, will head up this group reporting to Lawrence G. Ryan, EVP and chief lending officer.
Cole Taylor Bank announced that David R. Papritz has joined the bank as a group SVP and head of Corporate Development & Investor Relations. Papritz joins the bank from Raymond James.
Cole Taylor Business Credit announced the funding of a $10 million credit facility to Tenere. The proceeds were used by private equity firm Watermill Group to acquire Tenere from Stonehenge Partners.
Cole Taylor Business Capital financed two transactions totaling $13.9 million. Team Express Distributing closed a new $8 million facility, which refinances existing debt. Western Shelter Systems received a $5.9 million facility to support its acquisition by Gorge Holdings.
Cole Taylor Business Capital announced the funding of a $19.6 million credit facility to Veridiam. Proceeds were used to refinance existing debt and fund ongoing working capital.
Cole Taylor Business Capital announced the funding of a $5.5 million facility for ATS Workholding, which manufactures, distributes and services workholding and automation accessories for the machine tool industry.