Daily News: June 7, 2012

TAB Bank Provides $23.7 Million in Credit Facilities in May 2012

TAB Bank provided $23.7 million in credit facilities for several businesses during the month of May. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

  • Five A/R lines of credit totaling $7.5 million

  • One Re-discount line of credit for $5 million

  • Seven equipment leases for $7.4 million

  • Thirty equipment loans totaling $3.8 million

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