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TAB Bank Provides Heavy Haul Transportation Company in Massachusetts with a $1.5 Million Asset-Based Credit Facility
OGDEN, UT— TAB Bank is pleased to announce it has provided a heavy haul transportation company in Massachusetts with a $1.5 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 long-haul transporter of equipment, over-sized loads, and other…
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TAB Bank Provides Hammond’s Candies of Denver with a $7.5 Million Asset-Based Credit Facility
OGDEN, Utah, Sept. 15, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has entered into a multi-year agreement with Hammond’s Candies to provide a revolving credit facility of $7.5 million. The facility will be used to support the company’s working capital needs as it continues to grow and expand the reach of its portfolio…
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TAB Bank Provides Mechanical Maintenance Company in British Columbia, Canada with a $2.5 Million Asset-Based Credit Facility
OGDEN, Utah, Sept. 08, 2021 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a mechanical maintenance company in Fort St. John, British Columbia, Canada with a $2.5 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…
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TAB Bank: driving the future of open banking
To learn more about our strategic partnerships, click here. (The original article can be found on fintechmagazine.com) Mike Palmer illustrates how digital transformation is powering TAB Bank to make major contributions to the financial well-being of its customers… Transporting vital goods to consumers and connecting businesses that are sometimes thousands of miles apart, trucking is the…
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Factoring Company in Florida Chooses TAB Bank for a $2 Million Lender Finance Credit Facility
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…
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TAB Bank Provides Chemical Manufacturer in Texas with a $9 Million Asset-Based Credit Facility
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…
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TAB Bank Provides Beverage Company in Illinois with a $5 Million Asset-Based Credit Facility
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…
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TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility
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…
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Dustin Jacobson Joins TAB Bank’s Business Development Team
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…
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Ralph Kourtjian Joins TAB Bank’s Business Development Team
OGDEN, Utah, Aug. 12, 2020 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Ralph Kourtjian (947-465-1703, ralph.kourtjian@tabbank.com) to their business development team as Vice President and Business Development Officer. Ralph will be based in Michigan and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities…
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The Latest Model of Modern Banking
By: Jake Lowary, managing editor for Bank Director JANUARY 18TH, 2019 Most people assume that fintech companies are out to take business away from banks, but what if the opposite is true? What if, instead of being a threat, fintech companies actually open up new opportunities for banks? That’s what a handful of banks are exploring…
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Chris Mitchell Joins TAB Bank’s Business Development Team
OGDEN, Utah, Aug. 08, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Chris Mitchell (404-432-7657, chris.mitchell@tabbank.com) to their business development team as Vice President and Business Development Officer. Chris will be based in Atlanta and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital…
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