OGDEN, UT--(Marketwire - Dec 6, 2012) - TAB Bank is pleased to announce that it has provided a $1.8 million senior revolving credit facility through a multi-year agreement for Cosmos Communications, Inc. of Long Island City, NY.
TAB Bank (@TABBank) provides custom working capital solutions to commercial businesses from many industries. These solutions are provided in all stages of business life cycles during any economic conditions. TAB Bank does this through Accounts Receivable Financing, Lines of Credit, Equipment Loans, Asset Based Loans, Business Accounts, and Commercial Banking Services.
Founded in 1934, Cosmos Communications is a marketing services provider that primarily focuses on providing its products and services to customers in the New York City market. Cosmos' full line of marketing and print solutions includes print media in the form of posters, booklets, brochures, and other forms of print materials. In addition, Cosmos offers photography services, graphic design, and website design and hosting services.
"Obtaining this credit facility with TAB Bank is a great step in securing a bright future for Cosmos Communications. The financing we will receive from TAB on a go-forward basis gives us the stable financial footing necessary to serve our current customers and to expand into new relationships," stated Ken Taylor, Executive Vice President and Sales Manager for Cosmos Communication.