TAB Bank closes $67M in credit facilities is Q3
Loans included $15M for transportation and logistics firm
TAB Bank closed $67.3 million in credit facilities during the third quarter, financing more than 200 businesses nationwide through a mix of working capital, equipment and small business loans.
The transactions included major deals such as $15 million for a Missouri-based transportation and logistics company, $11.5 million for an Illinois metals distributor and $1 million for a Nevada alternative lender, according to a TAB Bank release today.
Chief Lending Officer Justin Hatch said the Ogeden, Utah-based bank remains focused on providing customized financing solutions to help businesses grow, according to the release. TAB Bank offers working capital, equipment financing, and real estate loans.
Check out our exclusive industry data here.
Proud Member Of
Check Out Our Industry Event
