TAB Bank offers Beverage Company in Illinois a $ 5
OGDEN, Utah, July 20, 2021 (GLOBE NEWSWIRE) – Bank TAB is pleased to announce that it has provided an Illinois beverage company with a $ 5 million asset credit facility. The new facility is being extended through a multi-year agreement and will cover the company’s ongoing working capital needs.
The company is one of the leading suppliers of low calorie protein shakes in the United States, whose primary focus is on promoting healthy and active lifestyles through the daily use of protein.
About TAB Bank
TAB Bank provides customized working capital solutions to commercial enterprises in a wide range of industries. These solutions can be customized to meet the needs of businesses at all stages of the business lifecycle and under all economic conditions. TAB Bank does this through a variety of asset-based structures, including revolving asset-based loans, accounts receivable financing, lines of credit, and equipment financing. TAB’s lending options can also be combined with a full suite of business banking solutions and cash management services.
Chris Mitchell is Vice President and Head of Business Development for TAB Bank, based in Atlanta. He has over 25 years of experience building client relationships and structuring credit facilities in the asset-backed lending and factoring industry. He can be reached at 404.432.7657 or at [email protected]
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