TAB Bank Provides $92.9 Million in Credit Facilities in December 2011

TAB Bank Provides $92.9 Million in Credit Facilities in December 2011

ID: 102136

(firmenpresse) - OGDEN, UT -- (Marketwire) -- 01/09/12 -- provided $92.9 million in credit facilities for several businesses during the month of December. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

Four A/R lines of credit totaling $10 million

26 Equipment Loans for $5.1 million

Three participation loans totaling $4.6 million

Five capital lease purchases from lease originators for $5.1 million

A student loan portfolio acquisition for $11.9 million

A portfolio acquisition for $56.2 million

TAB Bank has assets in excess of $800 million through a variety of financial products including: , , , lines of credit, and . TAB Bank provides working capital solutions to small- and medium-sized transportation and non-transportation businesses in all stages of a company's business life cycle no matter the economic climate.





Contact Information:
Trevor Morris
Marketing Manager
801-624-4418

Twitter - (at)TABBank
Facebook - facebook.com/TABbank



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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 09.01.2012 - 14:15 Uhr
Sprache: Deutsch
News-ID 102136
Anzahl Zeichen: 0

contact information:
Town:

OGDEN, UT



Kategorie:

Commercial & Investment Banking



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