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Cole Taylor Business Capital Announces $6MM Funding for Bolts & Nuts

January 14, 2014, 07:37 AM
Filed Under: Distribution

Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a $6 million facility for Bolts & Nuts Corporation. The company, located in Chattanooga, Tennessee, is a leading full-service distributor of commercial and construction bolts and fasteners. Proceeds of the facility were used to fund ongoing working capital.

Cole Taylor Business Capital is the asset based lending division of Cole Taylor Bank. Cole Taylor Business Capital seeks asset-based lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million.

Cole Taylor Bank is a commercial bank headquartered in Chicago with assets of $6.0 billion as of September 30, 2013 and is a wholly-owned subsidiary of Taylor Capital Group, Inc.

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