TAB Bank will provide a $2.6 million asset-based revolving credit facility to a dance apparel company. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
The company is based in New bJersey and designs and produces tights, dance apparel and soft shoes.
TAB Bank provides 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.