OGDEN, UT--(Marketwired - Dec 10, 2013) - TAB Bank is pleased to announce it has provided an $8 million revolving credit facility for a toy distribution company located in the Northeast. The new facility is based on accounts receivable, is made available through a multi-year agreement, 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.