Daily News: December 6, 2012

TAB Bank Provides $1.8MM Revolver to Cosmos Communications

TAB Bank announced that it has provided a $1.8 million senior revolving credit facility through a multi-year agreement for Cosmos Communications.

“Obtaining this credit facility with TAB Bank is a great step in securing a bright future for Cosmos Communications,” Ken Taylor, Cosmos Communication EVP and sales manager said. “The financing we will receive from TAB on a go-forward basis gives us the stable financial footing necessary to serve our current customers and to expand into new relationships.”

TAB Bank provides custom working capital solutions to commercial businesses from many industries.

Long Island City, NY-based Cosmos Communications is a marketing services provider that primarily focuses on providing its products and services to customers in the New York City market.