Resource Center

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…

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…

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…

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…

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,…

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…

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…

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…

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…

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…

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.…