Daily News: January 20, 2014

TAB Bank Provides Archery Manufacturing Company Facility

TAB Bank announced it has provided a $1.5 million revolving credit facility for an archery manufacturing company located in the Northwest. The company produces archery products including compound bows, recurve bows, bow strings, arrows, and other archery accessories.

The new facility is based on accounts receivable and inventory, is made available through a multi-year agreement and will provide for the ongoing working capital needs of the company.