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TAB Bank Provides $4MM Revolver to Manufacturing Company in North Carolina

August 27, 2020, 08:00 AM
Filed Under: Manufacturing

TAB Bank provided a $4 million asset-based revolving credit facility for manufacturing company based in North Carolina.  The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs for the company.

In addition to the revolving credit facility, TAB Bank also provided the company with a $200 thousand M&E term loan and a $1 million commercial real estate loan.

The company manufactures premium, lightweight conveyor belts.







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