Daily News: March 20, 2015

Scoggins Joins TAB’s Business Development Team

TAB Bank announced the addition of Chip Scoggins to the business development team as VP and BDO. He will be based in Dallas, and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities with annual revenues of $2 million to $150 million.

Chip has more than 30 years of experience in the commercial finance and banking industries. His background includes asset-based lending, factoring, healthcare finance, and purchase order financing to small and medium-sized commercial businesses in the Southwest and across the United States. Although the majority of Chip’s career is in new business development, his additional experience in credit, operations, and managing turnaround portfolios has helped establish a strong background in structuring customized working capital solutions to a wide base of businesses from many industries including services, wholesale, distribution, manufacturing, assembly, fabrication, importers and exporters.

“The addition of Chip to the TAB Bank business development team will greatly enhance our ability to bring flexible financing solutions to many small and medium-sized commercial businesses in Texas and throughout the entire Southwest. Chip brings to TAB a wealth of experience in the commercial finance and asset-based lending arena as well as an extensive network of working professionals and new business prospects. We are very pleased to welcome him to our team and look forward to many new business opportunities that will be generated through his efforts,” stated Daniel Rodrigue, National Sales Manager for TAB Bank.