TAB Bank provided an $8 million asset-based revolving credit facility to a consumer lighting products company based in Utah. The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs of the company.
The company specializes in the design and development of consumer lighting products such as flashlights, headlamps and lanterns.
TAB Bank offers 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.
