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TAB Bank Provides Commercial Truck Parts Distributor in Texas with a $5 Million Asset-Based Credit Facility
OGDEN, Utah, Nov. 30, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a commercial truck parts distributor in Texas 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 mid-market commercial truck…
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Tony Salas Joins TAB Bank’s Business Development Team
OGDEN, Utah, March 13, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Tony Salas (713-898-7933, tony.salas@tabbank.com) to their business development team as Vice President and Business Development Officer. Tony will be based in Houston and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial…
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Manufacturing Company in California Chooses TAB Bank for a $1.5 Million Revolving Credit Facility
OGDEN, Utah, May 23, 2017 (GLOBE NEWSWIRE) — A manufacturing company in California has chosen TAB Bank for a $1.5 million revolving credit 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 manufacturer and distributor of PVC-coated conduit and fittings for electrical wiring…
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Good maintenance practices prepare you to take advantage of freight upticks
Earlier this year the U.S. Department of Transportation said it expects freight ton miles (the movement of one ton of freight for one mile) to increase by almost 50% by 2045. A report from the Bureau of Transportation and the Federal Highway Administration predicted freight ton miles would reach 7.6 trillion in the next 30…
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3 Secret Ingredients For Successfully Solving Customer Problems
3 Secret Ingredients For Successfully Solving Customer Problems Is your staff using them consistently? Let’s face it. Stuff happens. As much as I want every interaction with our customers to be perfect, every once in awhile, it doesn’t work out that way. When problems occur, it’s paramount that whoever is representing my company’s side of…
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A Simple Formula To Be The Most Trusted Expert In Your Field
If your customers can’t get answers from you, where will they get them? If you were to go back just fifteen years, your customers generally relied on your salespeople to answer questions and gather information. The way customers research information to make decisions has changed. There are surprising ways customers now find answers to questions.…
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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).
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