TAB Bank provided a $5 million credit facility to CoreCentric Solutions, Inc., a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric Solutions’ mission...
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November 14, 2024, 08:10 AM
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TAB Bank closed $98.4 million in credit facilities across 385 deals during the third quarter of 2024. The financing includes a diverse range of loans such as working capital, equipment, commercial real estate, small business lines of credit and...
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October 31, 2024, 08:05 AM
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TAB Bank closed a $4 million working capital facility with a rapidly growing, full-service metal manufacturer serving the aerospace, defense, medical, marine and renewable energy industries. The partnership will help the manufacturer consolidate two...
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October 25, 2024, 08:03 AM
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TAB Bank extended a $10 million revolving Asset-Based Loan (ABL) to Mobility Trust Group, a company specializing in financing mission-critical assistive technology products, including wheelchair-accessible vehicles and home accessibility equipment...
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October 11, 2024, 08:10 AM
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TAB Bank closed a $4.5 million credit facility with The Fiesta Tableware Co. of West Virginia. This partnership will ensure the American-made tableware company continues helping home chefs refresh and reinvent their table settings. The Fiesta...
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September 26, 2024, 08:03 AM
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TAB Bank has announced the closing of a $2 million working capital facility for Dirty Dough, a rapidly expanding gourmet cookie company based in Lindon, Utah. The financing will provide Dirty Dough with the ingredients to support its continued growth...
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September 13, 2024, 08:10 AM
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TAB Bank provided a $27.8 million credit facility for a leading manufacturer of aluminum extrusions based in southern California. The facility includes a $20 million revolver and a $7.8 million term loan. This partnership marks a significant step...
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August 15, 2024, 07:55 AM
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TAB Bank appointed Tami Fisher as its new Chief Information Officer (CIO). She joins TAB Bank with nearly two decades of extensive experience developing and executing enterprise strategies to optimize operations and technology outcomes.As CIO, Fisher...
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August 08, 2024, 07:37 AM
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TAB Bank successfully closed $103 million in credit facilities with nearly 400 companies during the second quarter of 2024. Financing included loans for working capital, equipment and commercial real estate, small business lines of credit and...
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July 25, 2024, 08:00 AM
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nFusion Capital Finance closed and funded a line of credit agented by Synovus Bank, through its Specialty Finance Division, for $75 million. This new facility will allow nFusion Capital to continue its exponential growth. TAB Bank and Zions Bank...
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July 23, 2024, 08:00 AM
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TAB Bank provided a new asset-based lending (ABL) facility to a premier international contract manufacturer based in Michigan. TAB’s flexible financial solutions will significantly accelerate the company’s growth and success.This ABL facility...
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July 11, 2024, 07:55 AM
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TAB Bank extended a $7 million credit facility to a family-owned transportation and brokerage company in the Southeast. The partnership will support the company’s growth and evolving working capital needs.TAB Bank previously worked with the...
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July 09, 2024, 07:48 AM
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TAB Bank has been named Best Community Bank by the Utah Best of State Awards for the second year in a row. TAB will be honored at the Best of State Gala on Friday, May 24, 2024, at the Salt Palace Grand Ballroom in Salt Lake City.The Best of State...
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May 16, 2024, 07:25 AM
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TAB Bank closed more than $41 million in major credit facilities in the first quarter of 2024. Deal sizes ranged from under $1 million to $10 million from companies across the United States in the paper products, food, trucking and shipping, retail...
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May 09, 2024, 07:58 AM
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TAB Bank provided a Georgia-based packaging company with a $5 million credit facility that spans multiple years. The facility will provide for the company’s ongoing working capital needs as well as fund growth opportunities.The company manufactures...
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April 04, 2024, 07:54 AM
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TAB Bank has appointed Justin Hatch as its Chief Lending Officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending...
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March 28, 2024, 09:05 AM
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TAB Bank announced the promotion of Terri Lins as Chief Credit Officer, effective immediately. Lins has been an integral part of the TAB Bank team for more than a decade, most recently serving as Senior Vice President and Senior Credit Officer.As...
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March 20, 2024, 07:58 AM
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TAB Bank provided a California-based logistics company with a $1.5 million credit facility that spans multiple years. The company will rely heavily on the facility to fund growth and significantly expand its sales and contract pipeline, which is...
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March 14, 2024, 07:46 AM
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Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong, Chief Strategy Officer, as the new CEO and Tyler Heap, Chief Credit Officer, as President. This dual leadership...
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March 01, 2024, 08:00 AM
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TAB Bank provided two printing companies based in Ohio with a $5 million credit facility. The facility consists of a $4 million revolver and a $1 million term loan. The new facility is extended through a multi-year agreement and will provide for the...
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January 12, 2024, 07:48 AM
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TAB Bank announces Austin Strong, has been promoted to Chief Strategy Officer (CSO). Strong will enhance and execute TAB Bank’s strategic vision, identify promising growth and investment opportunities, and collaborate with fintech partners to further...
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October 05, 2023, 07:45 AM
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nFusion Capital Finance entered into a new multi-year senior bank facility with TAB Bank and participating banks Zions Bank and Pathward. The new line more than doubles the size of the existing revolving credit facility and supports the Company’s...
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August 04, 2023, 07:00 AM
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TAB Bank provided a geoscience company in Alaska with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company is an...
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May 11, 2023, 07:00 AM
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TAB Bank provided a commercial truck parts distributor in Texas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company is...
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November 30, 2022, 07:00 AM
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TAB Bank provided a beverage company based in British Columbia, Canada with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In...
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October 26, 2022, 07:00 AM
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Wildpack Beverage, a U.S. national beverage co-packer and packaging supplier focused on the aluminum can format, entered into a senior secured revolving credit facility with Transportation Alliance Bank, Inc. ("TAB Bank"), for up to US5,000,000 in...
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September 28, 2022, 07:25 AM
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TAB Bank provided a wood products distribution company in Arkansas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company...
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August 30, 2022, 06:00 AM
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TAB Bank funded a $15 million asset-based line of credit for a new client that manufacturers and distributes consumer-packaged goods throughout North America and beginning to expand internationally. Since 1993 this client has been focused on...
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June 29, 2022, 07:32 AM
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TAB Bank announced the addition of Bills Bahls to its business development team as Vice President and Business Development Officer for the Northeastern United States. In this role, Bahls will operate from Philadelphia, with responsibility for...
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May 19, 2022, 07:33 AM
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TAB Bank provided a foundry in New York with an $7 million asset-based credit facility. The new facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs.The company designs and manufactures high...
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January 25, 2022, 07:36 AM
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TAB Bank provided a transportation company in California with a $10.5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company hauls...
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October 11, 2021, 07:47 AM
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TAB Bank announced that Scott Franzen will join its Sales Team as a Vice President and Business Development Officer. In this role, Franzen will be responsible for sourcing new business opportunities in the upper Midwest region.Based in Albertville...
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October 05, 2021, 07:30 AM
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TAB Bank provided a chemical manufacturer in Texas with a $9 million asset-based credit facility comprised of a $6 million accounts receivable and inventory line plus a $2 million equipment loan with additional equipment funding available for future...
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August 03, 2021, 06:15 AM
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Bridge Bank announced the closing of a $25 million credit facility with Targeted Lease Capital LLC (TLC), a Williamsville, NY-based company that provides equipment finance loans to small businesses.Bridge Bank partnered with Ogden, UT-based TAB Bank...
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June 04, 2021, 07:24 AM
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TAB Bank added Nilendu Saha to their Executive Leadership team as Chief Technology Officer. Nilendu comes to TAB Bank with over 25 years of experience in building and managing enterprise applications, data analytics platforms, and technology...
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February 18, 2021, 05:05 AM
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TAB Bank entered into a multi-year agreement with The Good Bean to provide a $4 million revolving credit facility. The facility was used to provide for the company’s ongoing working capital needs as it continues grow and expand the reach of its...
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December 30, 2020, 07:44 AM
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TAB Bank announced it has provided a $2.5 million asset-based revolving credit facility for manufacturing trucking based in Florida. The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs...
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September 22, 2020, 09:09 AM
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TAB Bank announced it has provided a $4.75 million asset-based revolving credit facility for a promotional products company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing...
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September 06, 2018, 07:15 AM
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TAB Bank announced the addition of Scott F. Barnes to their business development team as Vice President and Business Development Officer. Barnes will be based in Dallas and will be responsible for sourcing new business opportunities by providing...
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September 20, 2017, 07:07 AM
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TAB Bank announced it has provided a $1 million revolving credit facility for an active eyewear company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital...
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August 23, 2017, 07:00 AM
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TAB Bank announced the addition of DJ Krystopa to their business development team as Vice President and Business Development Officer. Krystopa will be based in Philadelphia, PA and will be responsible for sourcing new business opportunities by...
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September 21, 2016, 07:38 AM
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TAB Bank announced it has provided a $6.5 million asset-based revolving credit facility for a metal processing company located in Arizona. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working...
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July 14, 2016, 07:20 AM
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TAB Bank announced the addition of Todd Plumley to its executive management team as Chief Credit Officer. Plumley will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as it...
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June 28, 2016, 07:30 AM
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TAB Bank announced the addition of Amelia Dipprey to their trucking business development team as Vice President and Business Development Officer. Dipprey will be responsible for sourcing new business opportunities by providing asset-based and...
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June 20, 2016, 07:41 AM
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TAB Bank announced it has appointed Curt Queyrouze as president. Most recently, Queyrouze served as TAB’s Chief Credit Officer for the past two years. He will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all...
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February 04, 2016, 08:02 AM
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A transportation company based in North Carolina has chosen TAB Bank for a $5 million revolving credit facility. The facility is based on accounts receivable and will support the company’s ongoing working capital needs. The company operates 225...
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December 22, 2015, 07:19 AM
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TAB Bank announced it has provided a $4.5 million asset-based credit facility for a logistics and supply chain management company with operations in California and the Northeast. The new facility will pay off the company’s previous lender and...
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November 16, 2015, 07:51 AM
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TAB Bank announced the addition of Mary Meroney to its trucking business development team as vice president and business development officer. Merony will be responsible for sourcing new business opportunities by providing asset-based and factoring...
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November 03, 2015, 07:31 AM
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A lighting systems manufacturer based in California has chosen TAB Bank for a $1 million revolving credit facility. The facility is based on accounts receivable and also contains an inventory component. In addition to the credit facility, the...
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September 30, 2015, 07:26 AM
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TAB Bank announced that Jefferey Hogg has been named as a vice president and business development officer for TAB Bank’s trucking business development team. Hogg is responsible for sourcing new business opportunities by providing asset-based and...
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August 21, 2015, 07:56 AM
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TAB Bank announced the addition of Rodney D. Chavez to its business development team as vice president and business development officer. Chavez will be responsible for sourcing new business opportunities by providing asset-based and factoring...
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June 29, 2015, 07:53 AM
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TAB Bank announced the addition of Mark Brown to its business development team as Vice President and Business Development Officer. Brown will be based in Atlanta, GA and will be responsible for sourcing new business opportunities by providing...
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May 27, 2015, 07:39 AM
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TAB Bank announced the addition of Shane O’Grady to its business development team as Vice President and Business Development Officer. O'Grady will be based in Phoenix, AZ and will be responsible for sourcing new business opportunities by providing...
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May 14, 2015, 07:55 AM
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TAB Bank announced the funding of two trucking companies in the Western United States. The first transaction was closed with a trucking company in Idaho. TAB has provided them with a $1 million line of credit based on accounts receivable. In...
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April 03, 2015, 07:06 AM
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As TAB Bank continues to expand its footprint in terms of geography and business opportunities it is pleased to announce the addition of Chip Scoggins to the business development team as Vice President and Business Development Officer. Chip will be...
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March 20, 2015, 07:51 AM
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TAB Bank announced it has provided a $2 million revolving credit facility for an IT staffing company located in the Northeast. The company specializes in all areas of IT Solutions, IS Security, IT Staffing, and Integrated Business Solutions. They...
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February 19, 2015, 07:39 AM
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TAB Bank announced the addition of Daniel Rodrigue to its business development team as National Sales Manager. Rodrigue will be based in West Palm Beach, FL and will report to TAB’s Senior Vice President of Sales and Marketing, Justin Gordon. He will...
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January 27, 2015, 07:52 AM
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CV Credit, an innovative finance firm, has appointed T.J. Gill to the position of National Sales Manager. As CV Credit's business expands in the U.S. and abroad, Gill's extensive experience will strategically strengthen the company's position as a...
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October 10, 2014, 07:24 AM
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As TAB Bank continues to expand its footprint in terms of geography and business opportunities, it is pleased to announce the addition of C. Ray Hines to the business development team as Vice President and Business Development Officer. Hines will be...
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June 25, 2014, 07:24 AM
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TAB Bank announced it has provided a $2.5 million asset-based lending facility for a transportation company located in the Northeast. The company is a long-haul, dry van carrier that operates 66 tractors and 185 trailers. In addition to...
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May 23, 2014, 07:32 AM
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TAB Bank is pleased to announce it has entered into an Asset Purchase and Sale Agreement to acquire the factoring portfolio and other related assets of Anchor Funding Services, LLC of Charlotte, NC. In addition to Anchor’s factoring portfolio of...
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May 21, 2014, 07:38 AM
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TAB Bank announced the introduction of a new and innovative loan product called Flex ABL. This new product combines the flexibility of a factoring line of credit with the structure of an asset-based lending facility. As an industry leader in...
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May 16, 2014, 07:21 AM
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TAB Bank announced it has provided a $5.7 million asset-based credit facility for a transportation company located in the Southeast. The company operates a fleet of approximately 100 tractors and 115 trailers and is primarily a truckload...
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April 23, 2014, 07:11 AM
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TAB Bank is pleased to announce the promotion of Justin Hatch to Vice President of Asset-Based Lending. Hatch will continue to be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as...
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April 17, 2014, 07:27 AM
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TAB Bank announced the closing of two factoring facilities totaling $450,000. Each funding represents TAB’s lasting commitment in providing custom financial solutions to small and medium-sized businesses across the United States.The first...
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April 03, 2014, 07:09 AM
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TAB Bank is pleased to announce it has provided a $3 million credit facility for a manufacturing company located in California. The company produces custom machined products for the semi-conductor, gas and oil, and aerospace industries. The new...
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March 19, 2014, 07:39 AM
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Crestmark announced that it has hired Mark J. Simshauser who will further support small middle-market businesses throughout the Northeast and New England areas while reporting directly to Midwest Regional Sales Manager, Jim Farrell. Located on Long...
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February 20, 2014, 07:34 AM
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TAB Bank announced the addition of Curt Queyrouze to their executive management team as Chief Credit Officer. Queyrouze will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as...
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January 24, 2014, 07:16 AM
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TAB Bank announced the promotion of Justin Gordon to senior vice president of Sales and Marketing. Gordon will continue to be based out of TAB Bank’s corporate headquarters in Ogden, UT. In addition to providing oversight of all personnel...
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January 13, 2014, 07:19 AM
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TAB Bank announced he promotion of Jan Allen Ackley to Senior Vice President and Chief Lending Officer. Ackley will continue to be based out of TAB Bank’s corporate headquarters in Ogden, UT. His new responsibilities will be the oversight of all...
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November 26, 2013, 07:39 AM
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TAB Bank announced the appointment of Jan Allen Ackley as Vice President of Asset Based Lending. Ackley will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as it relates to...
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August 15, 2013, 07:52 AM
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The Winter Trucking Report released from TAB Bank is showing signs of a slow and steady economic recovery according to monthly truck tonnage, fuel costs, perceived business conditions, and invoice size. Historically, trends in trucking and...
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January 31, 2013, 06:59 AM
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