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Home Deal Announcements

TAB Bank Supplies $2MM Asset-Based Revolver to Construction Maintenance Co

byPhil Neuffer
April 22, 2020
in Deal Announcements

TAB Bank provided a $2 million asset-based revolving credit facility to a construction maintenance company based in California. The new facility is extended through a multi-year agreement and will provide increased liquidity for the company’s ongoing working capital needs.

The company provides a variety of construction maintenance services for industrial projects in the western U.S.

TAB Bank provides 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.

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