TAB Bank Provides Mechanical Maintenance Company in British Columbia, Canada with a $2.5 Million Asset-Based Credit Facility
OGDEN, Utah, Sept. 08, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a mechanical maintenance company in Fort St. John, British Columbia, Canada with a $2.5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company…
U.S. banks give embedded finance a whirl. Will it catch on?
This article was originally posted on AmericanBanker.com and you can read it here. By Penny Crosman August 30, 2021, 2:24 p.m. EDT6 Min Read When American Banker made predictions more than a year ago about what banking would look like in 2025, one of them was that it will be “invisible” — in other words, embedded in other things people…
TAB Bank: driving the future of open banking
To learn more about our strategic partnerships, click here. (The original article can be found on fintechmagazine.com) Mike Palmer illustrates how digital transformation is powering TAB Bank to make major contributions to the financial well-being of its customers… Transporting vital goods to consumers and connecting businesses that are sometimes thousands of miles apart, trucking is the…
Factoring Company in Florida Chooses TAB Bank for a $2 Million Lender Finance Credit Facility
OGDEN, Utah, Aug. 10, 2021 (GLOBE NEWSWIRE) — A factoring company in Florida has chosen TAB Bank for a $2 million lender finance credit facility. The new facility is extended through a multi-year agreement and will enable the company to pursue more aggressive growth strategies. The company provides factoring and dispatch services for clients in the…
TAB Bank Provides Chemical Manufacturer in Texas with a $9 Million Asset-Based Credit Facility
OGDEN, Utah, Aug. 03, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a chemical manufacturer in Texas with a $9 million asset-based credit facility comprised of a $6 million accounts receivable and inventory line plus a $2 million equipment loan with additional equipment funding available for future CapEx needs. The new…
Podcast: Digital Innovation Lessons from an O.G. ‘Mobile Bank’
https://html5-player.libsyn.com/embed/episode/id/19889303/height/90/theme/custom/thumbnail/yes/direction/backward/render-playlist/no/custom-color/7d003d/ The original podcast aired on July 21, 2021 and can be found here: ABA Banking Journal Podcast From its origins as one of the original “mobile banks” in the 1990s — designed to serve truckers across the country through a network of truck stops — TAB Bank has evolved into an innovative digital bank serving…
TAB Bank Provides Beverage Company in Illinois with a $5 Million Asset-Based Credit Facility
OGDEN, Utah, July 20, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a beverage company in Illinois with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company is a leading provider of low-calorie…
TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility
OGDEN, Utah, July 15, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a textile company in California with an $8.5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to provide additional availability to meet the company’s…
Medical Staffing Company in Kentucky Chooses TAB Bank for a $500 Thousand Revolving Credit Facility
OGDEN, Utah, May 07, 2021 (GLOBE NEWSWIRE) — A medical staffing company in Kentucky has chosen TAB Bank for a $500 thousand revolving credit facility. The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company. The company provides staffing services for all nursing specialties, advanced practice,…
Ryan D. Gabriel Joins TAB Bank as Vice President, Business Development for the Pacific Northwest and Western Canada
OGDEN, Utah, April 29, 2021 (GLOBE NEWSWIRE) — TAB Bank today announced the addition of Ryan D. Gabriel to its business development team as Vice President and Business Development Officer for the Pacific Northwest and Western Canada. In this role, Gabriel will operate from Seattle in the Pacific Northwest, with responsibility for sourcing new business opportunities…
Beverage Company in Idaho Chooses TAB Bank for a $3 Million Revolving Credit Facility
OGDEN, Utah, April 14, 2021 (GLOBE NEWSWIRE) — A beverage company in Idaho has chosen TAB Bank for a $3 million revolving credit facility. The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company. The company is a wholesaler of beverage products. In 2019, the company…
TAB Bank’s Gina Mackenzie Named to Northeast Chapter of IFA Board / Chairperson of Women’s Division
OGDEN, Utah, April 06, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce that Gina MacKenzie of the bank’s business development team has been added to the Board of Directors for the Northeast Chapter of the International Factoring Association (IFA) and will also serve as the Chairperson for the Chapter’s newly formed Women’s Division. Gina currently…
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