TAB Bank announced it has provided a $750 thousand asset-based credit facility for a uniform manufacturing company located in the western United States. The facility is extended through a multi-year agreement and will provide for the ongoing working capital needs of the company.
The company supplies high quality uniforms and accessories for the public service industry. In addition, the company also produces fire and EMS equipment, helmets, boots, backpacks, holsters, postal authorized uniforms, and accessories. It also offers visual patrol systems for law enforcement agencies as well as other security, surveillance, and insurance products.
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.