{"id":414172,"date":"2021-01-13T09:23:03","date_gmt":"2021-01-13T14:23:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414172"},"modified":"2021-01-13T09:23:03","modified_gmt":"2021-01-13T14:23:03","slug":"tab-bank-provides-distribution-company-in-new-york-with-a-15-million-revolving-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-distribution-company-in-new-york-with-a-15-million-revolving-credit-facility\/","title":{"rendered":"TAB Bank Provides Distribution Company in New York with a $15 Million Revolving Credit Facility"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">OGDEN, Utah, Jan.  13, 2021  (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 $15 million revolving credit facility for a distribution company headquartered in New York. The new facility is extended through a multi-year agreement and will provide for the company\u2019s ongoing working capital needs.<\/p>\n<p align=\"justify\">The company is an importer and wholesale distributor of kitchen products. Their product lines include kitchen gadgets, tools, dinnerware, flatware, bakeware, and other related items.<\/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\/tim-green\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Tim Green<\/a> is TAB Bank\u2019s Vice President and Business Development Officer based in St. Louis. Tim is an industry veteran in developing relationships with commercial businesses and helping them secure financing to successfully grow and manage their companies. He can be reached at 573-846-6652 or at <a href=\"mailto:tim.green@tabbank.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">tim.green@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=ODEyNDY0NSMzOTE1NzcyIzIwMTc5MDA=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7e84de47-30ac-44dc-a927-79f25394eac4\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OGDEN, Utah, Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has provided a $15 million revolving credit facility for a distribution company headquartered in New York. The new facility is extended through a multi-year agreement and will provide for the company\u2019s ongoing working capital needs. The company is an importer and wholesale distributor of kitchen products. Their product lines include kitchen gadgets, tools, dinnerware, flatware, bakeware, and other related items. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tab-bank-provides-distribution-company-in-new-york-with-a-15-million-revolving-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TAB Bank Provides Distribution Company in New York with a $15 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-414172","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 Distribution Company in New York with a $15 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-distribution-company-in-new-york-with-a-15-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 Distribution Company in New York with a $15 Million Revolving Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OGDEN, Utah, Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; TAB Bank is pleased to announce it has provided a $15 million revolving credit facility for a distribution company headquartered in New York. The new facility is extended through a multi-year agreement and will provide for the company\u2019s ongoing working capital needs. The company is an importer and wholesale distributor of kitchen products. Their product lines include kitchen gadgets, tools, dinnerware, flatware, bakeware, and other related items. 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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