Daily News: June 19, 2014

TAB Bank Provides $750K Facility to IT Staffing Company

TAB Bank announced it has provided a $750,000 credit facility for an IT staffing company located in the Northeast. The company offers a wide range of services including custom application development, systems & applications integration, web services, and data warehousing & data migration.

The company provides placement contracts and full-time placement of experienced IT professionals. The new facility is based on accounts receivable and will provide for the ongoing working capital needs of the company.