- Matador Resources Company Announces Amendment to Its Credit Facility and Completion of Natural Gas Pipeline Connections
- Yieldstreet Closes $400 Million Credit Facility with Monroe Capital to Expand Investor Access to Private Markets
- JPMorgan Chase Leads Syndicate of Relationship Banks in $150MM Revolving Credit Facility for Novocure
- Bastion Management Closes $60 Million Facility with HFD
- Montfort Capital Announces New C$200 Million Credit Facility for Brightpath
TAB Bank Provides Product Testing Company in Illinois with a $3 Million Revolving Credit Facility
July 31, 2019
Source: TAB Bank
TAB Bank is pleased to announce it has provided a $3 million revolving credit facility for a product testing company located in Illinois. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
The company is a global leader in product testing and product research serving the world’s largest consumer product and packaged goods companies.
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’s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.
Chris Mitchell is TAB Bank’s Vice President and Business Development Officer based in Atlanta. He has over 25 years of experience developing client relationships and structuring credit facilities in the asset-based lending and factoring arena. He can be reached at 404.432.7657 or at chris.mitchell@tabbank.com.
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Contact Information:
Trevor Morris
Director of Marketing
801-624-5172
Twitter - @TABBank
Facebook – facebook.com/TABbank
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