TAB Bank Provides $19.8 Million in Credit Facilities in June 2012

OGDEN, UT--(Marketwire - Jul 9, 2012) - TAB Bank provided $19.8 million in credit facilities for several businesses during the month of June. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

• Four A/R lines of credit totaling $12 million
• Three Equipment Leases for $800 thousand
• 11 Equipment Loans totaling $7 million

TAB Bank (@TABBank) has assets in excess of $900 million through a variety of financial products including: capital equipment lease financing, accounts receivable financing, asset-based lending, lines of credit, equipment loans, business accounts, and commercial banking 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 life cycle no matter the economic climate.