Cole Taylor Business Capital, a division of Cole Taylor Bank, recently announced the funding of a $10 million facility for SantoLubes Manufacturing, LLC and Envincio, LLC. SantoLubes, located in Spartanburg, South Carolina, is a manufacturer of specialty chemicals, additives, and polymers. Envincio, located in Sandersville, Georgia, manufactures and markets plant-based insecticides.

Products from both companies are used in a variety of industries including air craft, automotive, agriculture and electronics. Proceeds of the facility were used to refinance existing debt and fund ongoing working capital.

SantoLubes, LLC and Envincio, LLC are portfolio companies of C3 Capital LLC. C3 Capital is a fund management company based in Kansas City, Missouri, with satellite offices in Phoenix and Dallas. C3 currently manages three funds that provide capital for businesses to finance later stage growth, strategic acquisitions, ownership transitions, and recapitalizations.

Konza Valley Capital, Inc. located in Leawood, Kansas, also provided mezzanine debt in the transactions. Konza Valley Capital is a licensed Small Business Investment Company ("SBIC") that provides private equity capital to lower middle market companies.

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.