Dustin Jacobson Joins TAB Bank’s Business Development Team
OGDEN, Utah, April 01, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Dustin Jacobson (303-319-5434, dustin.jacobsen@tabbank.com) to their business development team as Vice President and Business Development Officer. Dustin is based in Denver and is responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial…
TAB Bank Provides Transportation Factoring Company in Michigan with a $5 Million Rediscount Credit Facility
OGDEN, Utah, March 24, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $5 million rediscount credit facility for a trucking factoring company based in Michigan. The facility is based on a multi-year agreement and will provide the means necessary to grow and expand the company’s growing portfolio. The company was primarily…
Nilendu Saha Joins TAB Bank as Chief Technology Officer
OGDEN, Utah, Feb. 17, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Nilendu Saha to their Executive Leadership team as Chief Technology Officer. Nilendu comes to TAB Bank with over 25 years of experience in building and managing enterprise applications, data analytics platforms, and technology initiatives, and leading large and complex teams.…
TAB Bank Provides Aluminum Extrusion Manufacturing Company in Ohio with a $12 Million Asset-Based Credit Facility
OGDEN, Utah, Feb. 11, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $12 million asset-based credit facility for an aluminum extrusion manufacturing company based in Ohio. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs. The company produces a wide range…
Staffing Company in Arizona Chooses TAB Bank for a $10 Million Revolving Credit Facility
OGDEN, Utah, Jan. 22, 2021 (GLOBE NEWSWIRE) — A staffing company in Arizona has chosen TAB Bank for a $10 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 provides staffing services for many industries including distribution, manufacturing,…
TAB Bank Provides Manufacturing Company in Michigan with a $1.5 Million Asset-Based Credit Facility
OGDEN, Utah, Jan. 20, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1.5 million asset-based credit facility for a manufacturing company based in Michigan. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs. The company manufactures and provides electrical assembly, wiring,…
TAB Bank Provides Distribution Company in New York with a $15 Million Revolving Credit Facility
OGDEN, Utah, Jan. 13, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $15 million revolving credit facility for a distribution company headquartered in New York. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company is an importer and…
Preparing For The Second Round of PPP Loans
Small businesses in the United States may be eligible for financial relief through the federal Paycheck Protection Program (PPP) that was introduced as a result of Coronavirus Aid, Relief, and Economic Security (CARES) Act. PPP is a federal relief program established by Congress and implemented by the U.S. Treasury Department and the Small Business Administration (SBA). PROGRAM OVERVIEWS BORROWER FORMS LIVE…
Manufacturing Company in New York Chooses TAB Bank for a $1.8 Million Revolving Credit Facility
OGDEN, Utah, Jan. 06, 2021 (GLOBE NEWSWIRE) — A manufacturing company in New York has chosen TAB Bank for a $1.8 million asset-based 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 manufacturer of woven textile and plastic…
TAB Bank Provides $4 Million Senior Credit Facility to The Good Bean
OGDEN, Utah, Dec. 30, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has entered into a multi-year agreement with The Good Bean to provide a $4 million revolving credit facility. The facility was used to provide for the company’s ongoing working capital needs as it continues grow and expand the reach of…
Foods Company in Washington Chooses TAB Bank for a $4 Million Revolving Credit Facility
OGDEN, Utah, Dec. 11, 2020 (GLOBE NEWSWIRE) — A foods company in Washington has chosen TAB Bank for a $4 million asset-based 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 trader, processor, and distributor of chickpea…
TAB Bank Provides Transportation Company in Michigan with a $1 Million Asset-Based Credit Facility and $1.1 Million in Equipment Financing
OGDEN, Utah, Dec. 08, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million asset-based credit facility for a transportation company located in Michigan. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition to the revolving credit facility,…
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