Daily News: May 4, 2018

TAB Bank Provides $2MM Revolver to Cable Manufacturer


TAB Bank provided a $2 million revolving credit facility to a California-based manufacturing company. 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 of wire and cable used in residential and commercial buildings and networks.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. It offers a variety of asset-based structures including asset-based revolving loans, accounts receivable financing, lines of credit and equipment finance.