TAB Bank Provides $5MM Credit Facility to Packaging Company
TAB Bank provided a $5 million multi-year credit facility to a Georgia-based packaging company. The facility will support working capital needs and fund growth opportunities.
TAB Bank provided a $5 million multi-year credit facility to a Georgia-based packaging company. The facility will support working capital needs and fund growth opportunities.
TAB Bank appointed Justin Hatch chief lending officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending partnerships, lender finance and more.
TAB Bank promoted Terri Lins to chief credit officer, effective immediately. Lins has been an integral part of the TAB Bank team for more than a decade, most recently serving as senior vice president and senior credit officer.
TAB Bank provided a $1.5 million multi-year credit facility to a California-based logistics company, which will rely on the facility to fund growth and expand its sales and contract pipeline.
TAB Bank’s board of directors appointed Austin Strong CEO and Tyler Heap president following the decision by Rick Bozzelli, the bank’s current president and CEO, to retire. Strong was previously the bank’s chief digital officer, while Heap was previously chief credit officer.
TAB Bank promoted Austin Strong to chief strategy officer. Strong started his journey with TAB 11 years ago, initially as the director of internal audit and most recently as the executive vice president of digital banking.
Biz2X, a subsidiary of financial technology company Biz2Credit, entered into a new partnership with TAB Bank, an Ogden, UT-based digital bank that has provided financial solutions to middle-market commercial customers since 1998.
TAB Bank is celebrating 25 years of providing financial solutions for businesses, families and individuals across the U.S.
nFusion Capital Finance entered into a multi-year senior bank facility with TAB Bank and participating banks Zions Bank and Pathward. The line more than doubles the size of the company’s existing revolving credit facility and supports the company’s long-term expansion strategy.
Jyl London, vice president of product and program management at TAB Bank, was recognized by Utah Business as one of 30 Women to Watch in 2023.