OGDEN, Utah, Sept. 19, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Scott F. Barnes (972-768-7306, scott.barnes@tabbank.com) to their business development team as Vice President and Business Development Officer. Scott will be based in Dallas and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Southwestern United States with annual revenues of $2 million to $150 million.
In a career spanning more than two decades, Scott has served the lower and middle markets in diverse roles from finance to operations and business development. He has worked with a wide range of organizations from start-ups to publicly held Fortune 500 companies. Previously as Vice President of Comerica Bank’s Technology and Life Sciences Division, he was responsible for developing and managing loan and deposit relationships with clients in multiple states. Scott has also been an entrepreneur himself founding a boutique investment bank and a management consulting firm while also owning and operating a food services business. He has a Bachelor’s degree from Baylor University and an MBA from Dallas Baptist University.
“The addition of Scott to the TAB Bank business development team will greatly enhance our ability to bring flexible financing solutions to many small and medium-sized commercial businesses in Texas and surrounding states. Scott brings to TAB a wealth of experience in the commercial finance arena. We are very pleased to welcome him to our team and look forward to the many new opportunities that will be generated through his skill and efforts,” stated Justin Gordon, Senior Vice President of Sales and Marketing for TAB Bank.
TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB’s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.
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