TAB Bank Provides Waterworks Distribution Company in California with a $4.5 Million Revolving Credit Facility
OGDEN, Utah, Feb. 14, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $4.5 million revolving credit facility for a waterworks distribution company located 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 is a distributor of underground…
TAB Bank Provides Technology Services Company in California with a $2 Million Revolving Credit Facility
OGDEN, Utah, Feb. 09, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $2 million revolving credit facility for a technology services company located 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 focuses on project implementation and…
Help With Factoring
Definition of Factoring Simply put, factoring is where a business sells their receivables at a discount for immediate cash flow. In many cases, factoring can provide the solution that helps a business owner get through tough times or through times of rapid growth and expansion. In times of a weak or declining economy and customers…
Food Distribution Company in California Chooses TAB Bank for a $3.5 Million Asset-Based Lending Facility
OGDEN, Utah, Jan. 26, 2017 (GLOBE NEWSWIRE) — A food distribution company in California has chosen TAB Bank for a $3.5 million asset-based lending facility. The facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company is a global supply chain provider of organically grown and…
TAB Bank Provides $19.2 Million in Trucking Equipment Loans in 2016 4th Quarter
OGDEN, Utah, Jan. 18, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it provided $19.2 million in trucking equipment loans for 193 transportation companies during the 4th quarter of 2016. Based in different regions of the country, these companies represent a broad spectrum of trucking entities ranging from one-truck owner operators to small…
TAB Bank Provides Trucking Company in Oregon with a $1 Million Revolving Credit Facility
OGDEN, Utah, Jan. 04, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for a trucking company located in Oregon. 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…
TAB Bank Provides Trucking Company in Minnesota with a $1.5 Million Revolving Credit Facility
TAB Bank is pleased to announce it has provided a $1.5 million revolving credit facility for a trucking company located in Minnesota. 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 has also provided the company with…
The Advantages of Asset-Based Lending
As owners of small businesses know, the process of securing capital is not always straightforward. Bank-loan regulations often prove too restrictive for many small businesses (whether they be startups, turnarounds/reorganizations, seasonal sellers, or companies experiencing different stages of growth). As these organizations search for ways to thrive in an increasingly competitive landscape and find solutions…
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