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TAB Bank Provides $10MM ABL to Drone Manufacturer

bynadine
August 7, 2019
in News

TAB Bank provided a $10 million asset-based revolving credit facility for a drone manufacturing company located in California.

The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company manufactures and configures unmanned aerial vehicle aircraft, ground control stations, and launch systems.

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