OGDEN, UT--(Marketwired - Dec 18, 2013) - A plastic bottle recycling company located in California has chosen TAB Bank for a $2 million credit facility. The company produces FDA-approved plastic containers used for food packaging. The new facility is made available through a multi-year agreement and will provide for the working capital needs of the company.
TAB Bank provides custom working capital solutions to commercial businesses from many industries. These solutions are provided in all stages of business life cycles during any economic conditions. TAB Bank does this through Accounts Receivable Financing, Lines of Credit, Equipment Finance, Asset Based Loans, Business Accounts, and Treasury Management Services.
Brett Horwitz is TAB Bank's Vice President and Business Development Officer in Southern California. Brett has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.