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Home Deal Announcements

TAB Bank Provides $500K Revolver to Medical Staffing Company

byIan Koplin
May 10, 2021
in Deal Announcements

TAB Bank provided a $500,000 revolving credit facility to a medical staffing company based in Kentucky. The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company.

Gina Mackenzie, vice president and business development officer for TAB Bank, brought this new deal to TAB.

The company provides staffing services for all nursing specialties, advanced practices, physicians and therapy providers.

The company was introduced to a new opportunity to take on a new client and needed additional capital to make it happen. The new facility from TAB provided the necessary capital to give the company the funds needed to bring on the new customer relationship.

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Machine Intelligence Meets Middle Market Lending: The Quiet Transformation of Credit Underwriting

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