TAB Bank announced it has provided a $500 thousand revolving credit facility for an internet and telecommunications company located in the Southeast. The company provides Wifi, telephone, and design services for retail properties throughout the United States and Canada. The facility is based on accounts receivable and will provide for the ongoing working capital needs of the company.
Patrick Eakins is TAB Bank’s Vice President and Business Development Officer based in Nashville. Patrick has years of financial sales and marketing experience that he brings to any client relationship.
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.