{"id":393569,"date":"2020-12-04T09:15:17","date_gmt":"2020-12-04T14:15:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393569"},"modified":"2020-12-04T09:15:17","modified_gmt":"2020-12-04T14:15:17","slug":"tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\/","title":{"rendered":"TAB Bank Provides Commodity Brokerage Firm in Texas with an $8 Million Revolving Credit Facility"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">OGDEN, Utah, Dec.  04, 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 an $8 million asset-based revolving credit facility for a commodity brokerage firm based in Texas.\u00a0\u00a0<\/p>\n<p align=\"justify\">The firm facilitates the trading of physical and financial commodity instruments on the open markets for its customers. They specialize in futures trades for natural gas, crude oil, and power options.<\/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 align=\"justify\">\n        <a href=\"https:\/\/www.tabbank.com\/sales-team\/chris-mitchell\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Chris Mitchell<\/a> is TAB Bank\u2019s Vice President and Business Development Officer based in Atlanta. He has over 25 years of experience developing client relationships and structuring credit facilities in the asset-based lending and factoring arena. He can be reached at 404.432.7657 or at <a href=\"mailto:chris.mitchell@tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">chris.mitchell@tabbank.com<\/a>.<\/p>\n<p align=\"justify\">Contact Information:<\/p>\n<p align=\"justify\">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>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjQ2MCMzODU1NDg2IzIwMTc5MDA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/29048d22-5ff2-4fb2-93dd-c2b27430d43c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OGDEN, Utah, Dec. 04, 2020 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has provided an $8 million asset-based revolving credit facility for a commodity brokerage firm based in Texas.\u00a0\u00a0 The firm facilitates the trading of physical and financial commodity instruments on the open markets for its customers. They specialize in futures trades for natural gas, crude oil, and power options. 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, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TAB Bank Provides Commodity Brokerage Firm in Texas with an $8 Million Revolving 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-393569","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TAB Bank Provides Commodity Brokerage Firm in Texas with an $8 Million Revolving 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-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-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 Commodity Brokerage Firm in Texas with an $8 Million Revolving Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OGDEN, Utah, Dec. 04, 2020 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has provided an $8 million asset-based revolving credit facility for a commodity brokerage firm based in Texas.\u00a0\u00a0 The firm facilitates the trading of physical and financial commodity instruments on the open markets for its customers. They specialize in futures trades for natural gas, crude oil, and power options. 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, &hellip; Continue reading &quot;TAB Bank Provides Commodity Brokerage Firm in Texas with an $8 Million Revolving Credit Facility&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-04T14:15:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjQ2MCMzODU1NDg2IzIwMTc5MDA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TAB Bank Provides Commodity Brokerage Firm in Texas with an $8 Million Revolving Credit Facility\",\"datePublished\":\"2020-12-04T14:15:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\\\/\"},\"wordCount\":221,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NjQ2MCMzODU1NDg2IzIwMTc5MDA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tab-bank-provides-commodity-brokerage-firm-in-texas-with-an-8-million-revolving-credit-facility\\\/\",\"name\":\"TAB Bank Provides Commodity Brokerage Firm in Texas with an $8 Million Revolving Credit Facility - 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