OGDEN, UT--(Marketwired - Jun 19, 2014) - TAB Bank is pleased to announce it has provided a $750 thousand credit facility for an IT staffing company located in the Northeast. The company offers a wide range of services including custom application development, systems & applications integration, web services, and data warehousing & data migration. The company provides placement contracts and full-time placement of experienced IT professionals. The new facility is based on accounts receivable and will provide for the ongoing working capital needs of the company.
TAB Bank 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 Finance, Asset Based Loans, Business Accounts, and Treasury Management Services.
TAB's nationwide team of Business Development Officers possess years of experience developing client relationships and structuring credit facilities in the commercial finance arena.