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Working Capital: Formula, Examples, and Nuances Explained
Working capital is the difference between current assets and liabilities. It is a fundamental concept of business finance. Learn more with TAB Bank.
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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,…
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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…
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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…
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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,…
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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…
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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…
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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…
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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 &…
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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…
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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…
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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…
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