Daily News: March 27, 2014

TAB Bank Provides $750K Revolver to Fishing Tackle Manufacturer

A fishing tackle manufacturing company has chosen TAB Bank for a $750,000 revolving credit facility. The new facility is based on A/R, and will provide for the company’s ongoing working capital needs as the business grows.

The company, located in the Southeast, manufactures and distributes many types of lures, including spinner baits, buzz baits, jig heads, balsa floats, jigs, and hand tied jigs and flies.