TAB Bank Provides Rediscount Credit Facility to Transportation Factoring Company
TAB Bank provided a $5 million rediscount credit facility for a trucking factoring company based in Michigan.
TAB Bank provided a $5 million rediscount credit facility for a trucking factoring company based in Michigan.
TAB Bank added Nilendu Saha to its executive leadership team as chief technology officer. Saha previously served as director of software engineering/enterprise architecture and head of data services at Patelco Credit Union and Ellie Mae.
TAB Bank provided a $12 million asset-based credit facility to an Ohio-based aluminum extrusion manufacturing company. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs.
TAB Bank provided an Arizona-based staffing company with a $10 million revolving credit facility. The facility is extended through a multi-year agreement and will provide the means to fund growth.
TAB Bank provided a $1.5 million asset-based credit facility to a Michigan-based manufacturing company. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs.
TAB Bank provided a New York-based importer and wholesale distributor of kitchen products with a $15 million revolving credit facility. The facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
TAB Bank delivered a $1.8 million asset-based revolving credit facility to a New York-based manufacturer of woven textile and plastic parts. The facility is extended through a multi-year agreement and will provide the means to fund growth for the company.
TAB Bank provided The Good Bean, a California-based manufacturer and wholesaler of plant-based foods, with a $4 million revolving credit facility.
TAB Bank provided a Michigan-based transportation company with a $1 million asset-based credit facility and $1.1 million in equipment financing.
TAB Bank provided an $8 million asset-based revolving credit facility for a commodity brokerage firm based in Texas. The firm facilitates the trading of physical and financial commodity instruments on the open markets for its customers.