TAB Bank Provides $43.47 Million in Credit Facilities in March 2012

OGDEN, UT--(Marketwire - Apr 3, 2012) - TAB Bank provided $43.47 million in credit facilities for several businesses during the month of March. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

• Three A/R lines of credit totaling $22.1 million
• 25 Equipment Loans for $5.3 million
• One capital lease purchase from a lease originator for $770 thousand
• A student loan portfolio acquisition for $15.3 million

TAB Bank (@TABBank) has assets in excess of $800 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.