TAB Bank Provides Manufacturing Company With a $4 Million Flex Asset-Based Credit Facility

OGDEN, UT--(Marketwired - Nov 5, 2014) - TAB Bank is pleased to announce it has provided a $4 million Flex Asset-Based credit facility for a manufacturing company located in California. The company is a manufacturer and supplier of imaging support products and accessories for wholesale and retail image processing entities (e.g. Walgreens, Shutterfly, CVS). The new facility contains a $1 million sub-limit for inventory 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.

Brett Horwitz is TAB Bank's Vice President and Business Development Officer in Southern California. Brett has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena. Brett can be reached at 949.466.5255 or at brett.horwitz@tabbank.com.