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TAB Bank Prescribes $2 Million Asset-Based Line of Credit for a Medical Supply Chain Financing and Logistics Company
OGDEN, Utah, June 04, 2025 (GLOBE NEWSWIRE) — TAB Bank has provided a $2 million revolving asset-based line of credit for a Canadian medical supply chain financing and logistics company. The company opened a $2 million Certificate of Deposit (CD) at TAB Bank to serve as collateral on the loan. TAB Bank’s high-yield business CD rate is…
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TAB Bank to Host Charity Golf Tournament, Raising Funds to Support Homeless Return to Work and Assistance Programs in Northern Utah
TAB Bank will host the 22nd Annual Ogden Rescue Mission Charity Golf Tournament on Friday, September 8, at Wolf Creek Resort in Eden, Utah. All proceeds will go to the Ogden Rescue Mission to help individuals experiencing homelessness to reach goals of sobriety, employment, and housing. The Ogden Rescue Mission is a faith-based 501(c)(3) nonprofit organization that provides housing, food,…
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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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TAB Bank Provides Beverage Company in Canada with a $5 Million Asset-Based Credit Facility
OGDEN, Utah, Oct. 25, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a beverage company based in British Columbia, Canada 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. In addition, the new facility from…
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Annual Golf Tournament Helps Homeless in Northern Utah Achieve Goals of Sobriety, Employment and Housing
OGDEN, Utah, Aug. 23, 2022 (GLOBE NEWSWIRE) — TAB Bank will help raise money to help the homeless reach goals of sobriety, employment and housing at the 2022 Ogden Rescue Mission Charity Golf Tournament on Friday, Sept. 9, at Wolf Creek Resort in Eden, Utah. Hosted by the bank, all proceeds from the tournament will benefit the Ogden Rescue Mission, a faith-based…
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Wood Products Company in Arkansas Chooses TAB Bank for a $5 Million Asset-Based Credit Facility
TAB Bank is pleased to announce it has provided a wood products distributor in Arkansas with a $5 million asset-based credit facility. The client is a custom millwork and wood products distribution company, specializing in hardwoods, hinges, slides, adhesives, and warehousing, primarily targeting the custom cabinet manufacturing industry. Their mission is to partner with vendors and…
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TAB Bank Provides Corporate Relocation Services Company in Texas with a $2 Million Asset-Based Credit Facility
OGDEN, Utah, July 26, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a corporate relocation services company based in Texas with a $2 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 provides relocation and moving…
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TAB Bank Provides Electric Bike Company in Utah with a $10 Million Asset-Based Credit Facility
OGDEN, Utah, July 20, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided an electric bike company in Utah with a $10 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 designs electric bicycles, electric scooters, and…
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TAB Bank Provides Refueling Equipment Manufacturer in Kansas with a $2 Million Asset-Based Credit Facility
OGDEN, Utah, July 13, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a refueling equipment manufacturer in Kansas with a $2 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 provides a full line of refueling…
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Consumer Goods Manufacturing Company in California Chooses TAB Bank for a $15 Million Asset-Based Credit Facility
OGDEN, Utah, June 29, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the funding of $15 million asset-based line of credit for a new client that manufacturers and distributes consumer-packaged goods throughout North America and beginning to expand internationally. Since 1993 this client has been focused on delivering consumer packaged goods to budget minded consumers…
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TAB Bank Provides Oilfield Chemistry and Field Services Company in Oklahoma with a $5 Million Asset-Based Credit Facility
OGDEN, Utah, June 23, 2022 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the funding of a $5 million dollar Asset-Based credit facility to a leading provider of oilfield chemical formulations and field services. This company delivers critical chemical formulations and fluids designed to meet the unique requirements of each site and improve the performance, longevity,…
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Bill Bahls Joins TAB Bank as Vice President, Business Development for the Northeastern United States
OGDEN, Utah, May 19, 2022 (GLOBE NEWSWIRE) — TAB Bank today announced the addition of Bills Bahls to its business development team as Vice President and Business Development Officer for the Northeastern United States. In this role, Bahls will operate from Philadelphia, with responsibility for sourcing new business opportunities throughout the Northeast by providing asset-based and factoring…
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