Cole Taylor Business Capital, a division of Cole Taylor Bank, recently announced the funding of a $14 million facility for Total Hockey, Inc.
The company is a specialty hockey equipment retailer with 21 retail locations and distribution centers in the greater Chicago, Minneapolis-St. Paul, Philadelphia, Pittsburgh, St. Louis and Washington DC metropolitan areas, as well as e-commerce operations. Proceeds of the facility were used to refinance existing debt and fund ongoing working capital needs.
Cole Taylor Business Capital is the asset-based lending division of Cole Taylor Bank, a commercial bank headquartered in Chicago, IL.