OGDEN, UT — (Marketwire) — 09/02/11 — provided $31.96 million in working capital facilities for 7 businesses during the month of August. These facilities were provided for companies across a broad spectrum of industries.
The new transactions are categorized as the following:
One revolving working capital line of credit totaling $7 million
One A/R line of credit for $10 million
Three participation loans totaling $11 million
Two capital lease purchases from lease originators for $3.96 million
TAB Bank provides working capital solutions to transportation and non-transportation companies in all stages of business life cycles during all economic conditions. TAB Bank does so through , Lines of Credit, , and .
Contact Information:
Trevor Morris
Marketing Manager
801-624-4418