TAB Bank provided a $4 million asset-based revolving credit facility to a water bottling company based in California. The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs of the company.
Gina Mackenzie, vice president and business development officer for TAB Bank, introduced this new deal. Mackenzie has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.
TAB Bank offers custom working capital solutions through a variety of asset-based structures, including asset-based revolving loans, accounts receivable financing, lines of credit and equipment finance.
