Cole Taylor Business Capital, a division of Cole Taylor Bank announced it has provided a $10,000,000 Senior Revolving Credit Facility to Seattle, Washington-based TRInternational, Inc. The company is a wholesale distributor of bulk chemicals products. Proceeds of the facility were used to refinance existing debt and fund ongoing working capital.
Cole Taylor Business Capital is the asset based lending division of Cole Taylor Bank, a commercial bank headquartered in Chicago, Illinois. 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. The firm can also provide access to the full range of business banking products and services offered by Cole Taylor Bank.