TAB Bank provided a $3 million asset-based revolving credit facility for a Florida-based lighting manufacturing company. 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 distributes artistic lighting designs, including lamps, ceiling fixtures, outdoor lighting and wall fixtures. All principal design components, from glass-blowing to metal work, are manufactured in-house.
TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. It does this through a variety of asset-based structures including asset-based revolving loans, accounts receivable financing, lines of credit and equipment finance.
