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TAB Bank Provides $31.4 Million in Credit Facilities in April 2012(May 10, 2012)
OGDEN, UT -- (Marketwire) -- 05/10/12 -- TAB Bank provided $31.4 million in credit facilities for several businesses during the month of April. These facilities were provided for companies across a broad spectrum of industries.
The new transactions are categorized as the following:
- Three A/R lines of credit totaling $16 million
- One Participation Loan for $3 million
- 15 Equipment Loans for $2 million
- Seven Equipment Leases for $10.4 million
TAB Bank (@TABBank) has assets in excess of $900 million through a variety of financial products including: capital equipment lease financing, accounts receivable financing, asset-based lending, lines of credit, equipment loans, business accounts, and commercial banking services. TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries. TAB provides these solutions in all stages of a company's business life cycle no matter the economic climate.
Twitter - @TABBank
Facebook - facebook.com/TABbank
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Related Keywords: accounts receivable financing, asset based lending, equipment loans. equipment leases, factoring, Marketwire, ,Financial,Business,