SOURCE: TAB Bank

TAB Bank

April 06, 2011 11:30 ET

TAB Bank Provides Customized Financing Solutions for Triunfo-Mex, Inc.

OGDEN, UT--(Marketwire - April 6, 2011) - TAB Bank is pleased to announce that it has made available $6.5 million in an accounts receivable and inventory line for Triunfo-Mex, Inc. of City of Industry, CA.

Triunfo-Mex, Inc. ("Triunfo") was incorporated in February of 1993 with the objective of becoming a leading manufacturer and distributor of Mexican products in the ever emerging and evolving Hispanic market throughout the United States. At that time, its Founder and President had a vision of making his company a leading supplier of Mexican durable and non-durable goods for not only the Mexican population residing in the U.S., but to the vast majority of Hispanic communities throughout America.

Triunfo has become one of today's leaders in Hispanic product distribution and will continue to do so. Currently, Triunfo carries in excess of 850 different types of food, sundries, health/beauty care, confections, and grocery products in its inventory with the ability to carry and sell many more.

TAB Bank is excited to be working with an industry leader in Hispanic product manufacturing and distribution. 

TAB Bank provides custom working capital solutions to transportation and non-transportation companies in all stages of business life cycles during all economic conditions. TAB Bank does so through Accounts Receivable Financing, Lines of Credit, Equipment Loans, and Asset Based Loans.

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