TAB Bank Provides $3 Million Facility for Sky Business Credit

OGDEN, UT--(Marketwire - Dec 2, 2011) - TAB Bank is pleased to announce that is has provided a $3 million facility for Sky Business Credit, LLC of Downers Grove, IL.

Sky Business Credit provides accounts receivable funding for working capital to virtually any business selling a product or service anywhere in the U.S. Their accounts receivable funding programs offers great flexibility by offering lines of credit from $10,000 to $1,000,000 to eligible businesses.

"We are excited to partner with TAB Bank as we seek to grow and expand our portfolio of clients in need of financing solutions for their working capital needs. TAB is a well-respected and well-known commodity in the factoring and commercial finance industries. I am confident our newly formed relationship with TAB will create opportunities for us to advance our business and to better serve our clients," stated Gail Reints, President of Sky Business Credit.

Sky Business Credit is a recipient of TAB's expanded offering, the Lender Solutions Suite. These products and services primarily provide funding for specialty finance companies that offer factoring, asset-based lending, inventory financing, purchase order funding, and the like. TAB focuses on companies with experienced management in need of facilities ranging from $3 million to $10 million.

TAB Bank (@TABBank) provides custom working capital solutions to companies in all stages of the business life cycle during all economic conditions.