TAB Bank provides $47.15m in credit facilities
Written by Nigel Carn   
Friday, 10 February 2012 11:35

TAB bank

TAB Bank provided $47.15m in credit facilities for businesses during January. These facilities were provided for companies across a broad spectrum of industries.

 

The new transactions are categorized as the following:

• Six A/R lines of credit totalling $26.75m;

• One ABL line of credit for $6m;

• 17 equipment loans for $8m;

• One participation loan totalling $1.6m;

• Three capital lease purchase from lease originators for $3.6m;

• Two lease portfolio acquisitions for $1.2m.

TAB Bank financial products include capital equipment lease financing, accounts receivable financing, asset-based lending, lines of credit, equipment loans, business accounts and commercial banking services. TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries.


Companies mentioned in this article

 

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