TAB Bank is pleased to announce it has provided a $2 million asset-based lending facility for an aerospace machining company located in the Northeast. The new facility is based on accounts receivable and inventory and will provide for the ongoing working capital needs of the company.
TAB Bank provides custom working capital solutions to commercial businesses for 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.