SOURCE: TAB Bank

TAB Bank

September 22, 2011 09:00 ET

Illinois Trading Company Chooses TAB Bank for $1.5 Million Lending Facility

OGDEN, UT--(Marketwire - Sep 22, 2011) - Illinois Trading Company of Chicago has chosen TAB Bank for a $1.5 million credit line based on accounts receivable and inventory.

Founded in 1980, Illinois Trading Company buys frozen foods from major food processors at a discount. They then re-label or re-package the products and sell to food distributors. Illinois Trading Company provides this valuable service to its customers in the food distribution industry throughout the country.

TAB Bank is pleased to assist another quality company like Illinois Trading Company as they navigate the current economy. "We are very excited with the opportunity to work with Illinois Trading Company and their team. We are pleased they have chosen TAB Bank to be their lending partner as they continue to look for opportunities to grow and expand their business," stated Justin Gordon, National Sales Manager with TAB Bank.

TAB Bank provides custom working capital solutions to transportation and non-transportation companies in all stages of business life cycles during any economic conditions. TAB Bank does this through Accounts Receivable Financing, Lines of Credit, Equipment Loans, and Asset Based Loans.

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