OGDEN, UT — (Marketwire) — 03/07/12 — provided $45.17 million in credit facilities for several businesses during the month of February. These facilities were provided for companies across a broad spectrum of industries.
The new transactions are categorized as the following:
Two A/R lines of credit totaling $1.75 million
Three ABL lines of credit for $10.5 million
15 Equipment Loans for $4.3 million
One participation loan totaling $1.1 million
Two capital lease purchases from lease originators for $1 million
A student loan portfolio acquisition for $25.8 million
Two direct operating leases for $720 thousand
has assets in excess of $800 million through a variety of financial products including: , , , , , , and . TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries. TAB provides these solutions in all stages of a company-s business life cycle no matter the economic climate.
Contact Information:
Trevor Morris
Marketing Manager
801-624-4418
Twitter – @TABBank
Facebook – facebook.com/TABbank