TAB Bank announced it has provided an $800 thousand credit facility for a healthcare equipment manufacturing company located in Florida.  The facility is based on accounts receivable and inventory and will fund the company’s ongoing working capital needs.

The company is a manufacturer of rapid diagnostic tests, cytology products, diagnostic equipment, and over-the-counter rapid diagnostic tests.

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.

Mark Brown is TAB Bank’s Vice President and Business Development Officer providing smartly engineered working capital solutions for commercial businesses in the Southeast.