TAB Bank Announces Second Quarter Fundings

(firmenpresse) - OGDEN, UT -- (Marketwire) -- 07/14/11 -- provided $62 million in working capital facilities for 26 businesses during the second quarter of 2011. These facilities were provided for companies across a broad spectrum of industries.

The new transactions are categorized as the following:

Five asset-based lines of credit totaling $15 million

Six A/R lines of credit for $12.3 million

Two re-discount lines of credit for $6 million

Nine participation loans totaling $20 million

Four capital lease purchases from lease originators for $8.7 million

TAB Bank provides working capital solutions to transportation and non-transportation companies in all stages of business life cycles during all economic conditions. TAB Bank does so through , Lines of Credit, Equipment Loans, and .





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

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 14.07.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 34715
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OGDEN, UT

Kategorie:

Commercial & Investment Banking

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