TAB Bank announced it has provided a $750 thousand Flex Asset-Based credit facility for a marketing company located in California.  The company is a producer and deliverer of high quality door knob hanging advertisements.  The new facility will provide for the company’s ongoing working capital needs.  

A Flex Asset-Based loan from TAB Bank combines the flexibility of a factoring line of credit with the structure of an asset-based lending facility.  With this type of financing, a business borrower can receive significant liquidity based on accounts receivable and eligible inventory.

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

Brett Horwitz is TAB Bank’s Vice President and Business Development Officer in Southern California.  Horwitz has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.