Daily News: August 9, 2012

TAB Bank Provides $19.3 Million in Credit Facilities in July 2012

TAB Bank provided $19.3 million in credit facilities for several businesses during the month of July. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

  • Three A/R lines of credit totaling $5.5 million

  • One ABL line of credit for $3 million

  • Twelve equipment loans totaling $10.8 million

    TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries.