TAB Bank is pleased to announce it has provided a $2 million revolving credit facility for an energy services company located in the Southeast that specializes in servicing off-shore and land-based drilling companies. The new facility is based on accounts receivable and is made available through a multi-year agreement.
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.