{"id":392799,"date":"2020-12-03T09:15:27","date_gmt":"2020-12-03T14:15:27","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392799"},"modified":"2020-12-03T09:15:27","modified_gmt":"2020-12-03T14:15:27","slug":"tab-bank-provides-cable-manufacturing-company-in-missouri-with-a-2-5-million-asset-based-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-cable-manufacturing-company-in-missouri-with-a-2-5-million-asset-based-credit-facility\/","title":{"rendered":"TAB Bank Provides Cable Manufacturing Company in Missouri with a $2.5 Million Asset-Based Credit Facility"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">OGDEN, Utah, Dec.  03, 2020  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">TAB Bank<\/a> is pleased to announce it has provided a $2.5 million asset-based credit facility for a cable manufacturing company located in Missouri. The facility is based on a multi-year agreement and will provide for the company\u2019s ongoing working capital needs.<\/p>\n<p align=\"justify\">The company is one of the premier manufacturers of data and communication\u00a0cables in the United States. The deal was referred to TAB Bank by a consulting firm.<\/p>\n<p align=\"justify\">TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB\u2019s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.<\/p>\n<p>Ralph Kourtjian\u00a0is TAB Bank\u2019s Vice President and Business Development Officer based in Detroit. Ralph has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.\u00a0 Ralph can be reached at\u00a0947-465-1703 or at <a href=\"mailto:ralph.kourtjian@tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">ralph.kourtjian@tabbank.com<\/a>.<\/p>\n<p>Contact Information:<\/p>\n<p>Trevor Morris<br \/>Director of Marketing<br \/>801-624-5172<br \/><a href=\"mailto:trevor.morris@tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">trevor.morris@tabbank.com<\/a><br \/>Twitter &#8211; @TABBank<br \/>Facebook \u2013 facebook.com\/TABbank<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NTU3NiMzODUzMDY4IzIwMTc5MDA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/be4d406d-caac-40ea-9eb1-5370ae0658c5\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OGDEN, Utah, Dec. 03, 2020 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has provided a $2.5 million asset-based credit facility for a cable manufacturing company located in Missouri. The facility is based on a multi-year agreement and will provide for the company\u2019s ongoing working capital needs. The company is one of the premier manufacturers of data and communication\u00a0cables in the United States. The deal was referred to TAB Bank by a consulting firm. TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-cable-manufacturing-company-in-missouri-with-a-2-5-million-asset-based-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TAB Bank Provides Cable Manufacturing Company in Missouri with a $2.5 Million Asset-Based Credit Facility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392799","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TAB Bank Provides Cable Manufacturing Company in Missouri with a $2.5 Million Asset-Based Credit Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-cable-manufacturing-company-in-missouri-with-a-2-5-million-asset-based-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TAB Bank Provides Cable Manufacturing Company in Missouri with a $2.5 Million Asset-Based Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OGDEN, Utah, Dec. 03, 2020 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has provided a $2.5 million asset-based credit facility for a cable manufacturing company located in Missouri. The facility is based on a multi-year agreement and will provide for the company\u2019s ongoing working capital needs. The company is one of the premier manufacturers of data and communication\u00a0cables in the United States. The deal was referred to TAB Bank by a consulting firm. TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. 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