TAB Bank announced it has provided a $4.75 million asset-based revolving credit facility for a promotional products company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
The company specializes in buying blank stock promotional materials, warehousing them, and printing to order for their 2,000 plus customers in North America. They offer a variety of unique promotional products to meet their customers’ marketing and promotional needs.
TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB’s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.