TAB Bank Provides $45.17 Million in Credit Facilities in February 2012

TAB Bank Provides $45.17 Million in Credit Facilities in February 2012

ID: 122732

(firmenpresse) - OGDEN, UT -- (Marketwire) -- 03/07/12 -- provided $45.17 million in credit facilities for several businesses during the month of February. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

Two A/R lines of credit totaling $1.75 million

Three ABL lines of credit for $10.5 million

15 Equipment Loans for $4.3 million

One participation loan totaling $1.1 million

Two capital lease purchases from lease originators for $1 million

A student loan portfolio acquisition for $25.8 million

Two direct operating leases for $720 thousand

has assets in excess of $800 million through a variety of financial products including: , , , , , , and . TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries. TAB provides these solutions 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: 07.03.2012 - 15:00 Uhr
Sprache: Deutsch
News-ID 122732
Anzahl Zeichen: 0

contact information:
Town:

OGDEN, UT



Kategorie:

Commercial & Investment Banking



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