TAB Bank has provided a $27.8 million credit facility for a manufacturer of aluminum extrusions based in southern California. The facility includes a $20 million revolver and a $7.8 million term loan.
The aluminum manufacturer was introduced to TAB Bank through a trusted referral source. TAB designed a credit structure to meet its current needs while fueling the company’s renewed growth and expansion.
“TAB Bank is excited about the potential of this partnership because the leading aluminum manufacturer creates a far-reaching impact on the overall economy and infrastructure of our country,” Brett Horwitz, managing director, head of originations, western region at TAB Bank, said. “This new credit structure provides opportunities for growth and supports more efficient operations. We look forward to supporting the company’s management team in their efforts to continue scaling the business.”
