Daily News: May 29, 2013

TAB Bank Funds $1.9MM in Credit Lines

TAB Bank announced two recent deals totaling $1.9 million. The transactions consisted of:

  • a $1 million asset-based line of credit for an electronic data professionals company; and

  • a $900,000 A/R line of credit for Nelson J.I.T.

    TAB Bank customizes solutions to serve the needs of small- and medium-sized commercial businesses across the U.S. With lasting commitments, TAB provides working capital financing during all stages of the business life cycle and in any economic environment.