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.
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