TAB Bank Provides Petroleum Wholesale Company in New Mexico with a $4 Million Revolving Credit Facility
OGDEN, Utah, Nov. 09, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $4 million revolving credit facility for a petroleum wholesale company located in New Mexico. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs The company sells diesel, gasoline, bio-diesel,…
TAB Bank Provides Transportation Company in Arizona with a $3 Million Revolving Credit Facility
OGDEN, Utah, Sept. 06, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $3 million revolving credit facility for a transportation company located in Arizona. 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 full logistics provider. They…
TAB Bank Provides Active Eyewear Company in California with a $1 Million Revolving Credit Facility
OGDEN, Utah, Aug. 22, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for an active eyewear 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 manufacturer and distributor…
TAB Bank Provides Transportation Company in Montana with a $4 Million Revolving Credit Facility
OGDEN, Utah, June 21, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $4 million revolving credit facility for a transportation company located in Montana. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company’s services are spread across dry van,…
TAB Bank Provides Oilfield Service Company in Texas with a $1 Million Asset-Based Credit Facility
OGDEN, Utah, April 03, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million asset-based credit facility for an oilfield service company located in Texas. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides product and service solutions…
Trucking Company in Georgia Chooses TAB Bank for a $500 Thousand Revolving Credit Facility
OGDEN, Utah, March 21, 2017 (GLOBE NEWSWIRE) — A trucking company in Georgia has chosen TAB Bank for a $500 thousand revolving credit facility. The facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. TAB Bank provides custom working capital solutions to commercial businesses across a wide range of…
TAB Bank Provides a Flatbed Heavy Hauling Company in California with a $1 Million Revolving Credit Facility
OGDEN, Utah, March 14, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1 million revolving credit facility for a flatbed heavy hauling 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 family-owned business…
Factoring Company in the Midwest Chooses TAB Bank for a $2.5 Million Revolving Credit Facility
OGDEN, Utah, Feb. 23, 2017 (GLOBE NEWSWIRE) — A factoring company in the Midwest has chosen TAB Bank for a $2.5 million revolving credit facility. The facility is extended through a multi-year agreement and will enable the company to grow their business and fund additional clients. The company provides factoring services for clients in the oil &…
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…
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