TAB Bank loans total $67M in Q1
Utah bank loaned $13M to specialty finance lender Capital Foundry
Ogden, Utah-based TAB Bank provided more than $67 million in financing during the first quarter of 2025, supporting over 230 companies across a range of industries.
The deals included a mix of asset-based and equipment loans, small business lines of credit and real estate financing, according to an April 29 release. Among the largest deals were:
- $13 million to Pittsburgh-based specialty finance lender Capital Foundry;
- $12 million in commercial real estate financing for a behavioral health hospital in Kentucky; and
- $6.5 million to energy services company HydroEdge Solutions.
TAB Bank also extended term loans and lines of credit ranging from $40,000 to $500,000 to 17 transportation companies. The bank evaluates creditworthiness using both traditional and alternative methods, considering factors such as income and operational history, according to the release.
The third annual Equipment Finance Connect at the JW Marriott Nashville on May 14-15, 2025, is the only event for both equipment dealers and finance providers. Learn more and register here.
