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TAB Bank Closes Credit Facility With Fish Tackle Manufacturer

March 27, 2014, 07:04 AM
Filed Under: Manufacturing

A fishing tackle manufacturing company located in the Southeast has chosen TAB Bank for a $750 thousand revolving credit facility. The company manufactures and distributes many types of lures including spinner baits, buzz baits, jig heads, balsa floats, jigs, and hand tied jigs and flies. The new facility is based on accounts receivable and will provide for the company’s ongoing working capital needs as the business grows. 

TJ Gill is TAB Bank’s Vice President and Business Development Officer based in Orlando, FL. Gill has over twenty years of experience in providing factoring and asset-based lending facilities to companies from many industries. 

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.





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