TAB Bank Announces New Direct Equipment Leasing and Finance Program

OGDEN, UT--(Marketwired - Oct 7, 2014) - As TAB Bank continues to expand its product offerings it is pleased to announce a Full Service Direct Equipment Leasing and Finance program. TAB will now be able to provide direct financing on many types of equipment to companies from a wide array of industries as well as offer vendor programs on a nationwide basis. This new product offering is in addition to TAB's existing truck and trailer financing programs for the transportation industry as well as the bank's current third party lease originator financing product. 

Grant Finch (801-699-9896, grant.finch@tabbank.com) has joined the TAB Bank team in the role of Business Development Officer to create and cultivate new business opportunities for this new product offering. He will be responsible for identifying cross sell opportunities within TAB's existing A/R Financing and Asset-Based Lending portfolios as well as offering the product to small and medium-sized businesses from across the country.

Grant brings over thirty years of equipment finance and leasing experience to TAB Bank. Prior to joining the TAB team, Grant owned an equipment finance company, NBF Capital LLC. Grant also worked previously for Wells Fargo Equipment Finance, First Security Leasing, and Valley Bank Leasing.

"We are very excited to announce this new product offering and we are very confident we will have the opportunity to help many companies get the equipment they need to operate and grow their business. Our ability to provide direct equipment finance and leasing will complement the working capital we provide to many businesses through our A/R Financing and Asset-Based Lending programs. Grant is the right person to build momentum for this new opportunity as he brings many years of experience in the equipment finance and leasing industry to TAB Bank. He understands equipment finance and will be able to be a great asset to our current and prospective customers alike," stated Justin Gordon, Senior Vice President of Sales and Marketing for TAB Bank.

TAB Bank offers a variety of financial products including accounts receivable financing, asset-based lending, lines of credit, equipment finance, business accounts, and treasury management services. 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 cycle no matter the economic climate.