TAB Bank closed a $4 million working capital facility with a metal manufacturer serving the aerospace, defense, medical, marine and renewable energy industries. The partnership is designed to help the manufacturer consolidate two newly acquired machine shops and expand its operations to meet increased demand._x000D_
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“The machine shop consolidation starts a critical growth phase for the company, and we’re excited to be a part of it,” Ryan Gabriel, business development officer covering the Pacific Northwest for TAB Bank, said. “We customized this $4 million working capital facility deal specifically to the manufacturer’s needs so it can continue to streamline operations and optimize performance while delivering innovative solutions to its clients.”
Forward for Specialty Finance
