Business NewsMarketWire • TAB Bank Closes $3 Million Credit Facility With Manufacturing Company in California

TAB Bank Closes $3 Million Credit Facility With Manufacturing Company in California

TAB Bank Closes $3 Million Credit Facility With Manufacturing Company in California

OGDEN, UT--(Marketwired - Mar 19, 2014) - TAB Bank is pleased to announce it has provided a $3 million credit facility for a manufacturing company located in California. The company produces custom machined products for the semi-conductor, gas and oil, and aerospace industries. The new facility includes a $1.5 revolving line against accounts receivable, and a $1.5 million amortizing equipment term loan.

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