TAB Bank provided a $6.5 million asset-based revolving credit facility for a metal processing company located in Arizona. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

In addition to the revolving credit facility, the company will utilize TAB Bank’s full suite of treasury management services to manage their cash flow and business expenses.

The company processes and recycles ferrous and non-ferrous metals as well as precious metals. They also process catalytic converters and supply automotive cores to automotive parts manufacturers.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries.