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Home Deal Announcements

TAB Bank Provides $10MM Asset-Based Credit Facility to Utah-Based Electric Bike Company

byIan Koplin
July 20, 2022
in Deal Announcements

TAB Bank provided an electric bike company in Utah with a $10 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company designs electric bicycles, electric scooters and accessories.

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