Tony Salas Joins TAB Bank’s Business Development Team
OGDEN, Utah, March 13, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Tony Salas (713-898-7933, tony.salas@tabbank.com) to their business development team as Vice President and Business Development Officer. Tony will be based in Houston and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial…
TAB Bank Provides Transportation Company in Minnesota with a $9 Million Revolving Credit Facility
OGDEN, Utah, Feb. 25, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $9 million revolving credit facility for a transportation company based in Minnesota. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company specializes in logging and heavy haul…
TAB Bank Provides Technology Company in California with a $2.5 Million Revolving Credit Facility
OGDEN, Utah, Feb. 12, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $2.5 million revolving credit facility for a technology company based in in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company services the wireless technology needs…
TAB Bank is pleased to announce the expansion of their West Coast presence with the launch of a Los Angeles Loan Production Office (LPO)
OGDEN, Utah, Jan. 29, 2020 (GLOBE NEWSWIRE) — TAB Bank announced today the launch of a Los Angeles Loan Production Office (LPO) to better serve its new and existing clients in the Western Region. TAB Bank has promoted Brett Horwitz to Managing Director and Head of Originations-Western Region and promoted Traci Crabtree to serve as Western Regional…
TAB Bank Provides Commercial Finance Company in Texas with a $4 Million Rediscount Credit Facility
OGDEN, Utah, Jan. 10, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $4 million rediscount credit facility for a commercial finance company located in Texas. The company is an entrepreneurial factoring and ABL shop that focuses on construction working capital finance. TAB Bank provides custom working capital solutions to commercial businesses…
TAB Bank has been named one of the best Factoring Companies by FactoringClub
Who is FactoringClub? FactoringClub is the premier online resource for factoring companies. Every year, we select the top factoring companies based on contract terms, customer service and company leadership. They rate companies based off three criteria, which are: Who is TAB Bank TAB Bank is a full-service bank in the Salt Lake City area that makes it…
TAB Bank Provides Transportation Company in Kentucky with a $4 Million Asset-Based Credit Facility
OGDEN, Utah, Dec. 16, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $4 million asset-based revolving credit facility for a transportation company located in Kentucky. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition to the working capital facility,…
TAB Bank Completes $46 Million Acquisition of BAMFi’s BAM Capital Division
OGDEN, Utah, Nov. 25, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has finalized the acquisition of BAMFi’s $46 million BAM Capital Division. This is TAB Bank’s fourth successful completed acquisition of a working capital loan portfolio. As part of the acquisition TAB will retain the operations and staff at BAM’s office in Dallas,…
TAB Bank Provides Commercial Printing Company in Illinois with a $3 Million Asset-Based Credit Facility
OGDEN, Utah, Nov. 07, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $3 million asset-based revolving credit facility for a commercial printing company located in Illinois. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides print, marketing, and…
TAB Bank Provides Organic Foods Company in Pennsylvania with a $5.5 Million Asset-Based Credit Facility
OGDEN, Utah, Oct. 31, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $5.5 million asset-based revolving credit facility for an organic foods company located in Pennsylvania. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company produces and distributes organic…
TAB Bank Provides Supply Chain Management Company in Ohio with a $5 Million Revolving Credit Facility
OGDEN, Utah, Oct. 01, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $5 million revolving credit facility for a supply chain management company located in Ohio. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides mobile asset visibility…
Factoring Company in Idaho Chooses TAB Bank for a $12 Million Rediscount Credit Facility
OGDEN, Utah, June 06, 2018 (GLOBE NEWSWIRE) — A factoring company based in Idaho has chosen TAB Bank for a $12 million rediscount credit facility. The new facility is extended through a multi-year agreement and will enable the company to grow their portfolio. The company provides factoring services for businesses operating in oilfield services as well as…
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