TAB Bank Provides Fitness Company in California with a $2.5 Million Asset-Based Revolving Credit Facility

Fitness center with treadmills against a window - TAB Bank

OGDEN, Utah, June 24, 2019 (GLOBE NEWSWIRE) -- TAB Bank is pleased to announce it has provided a $2.5 million asset-based revolving credit facility for a fitness company based in California.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company provides fitness design and fit-out services for a diverse customer base.

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.  In addition, TAB provides card and loan sponsorship programs through its strategic partnership product suite.

Brett Horwitz is TAB Bank’s Vice President and Business Development Officer based in Southern California.  Brett has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.  Brett can be reached at 949.466.5255 or at brett.horwitz@tabbank.com.

At TAB Bank we specialize in asset-based revolving credit facilities.  If you are looking for information regarding this type of business lending solution and how you can use your assets to secure it, check out our eBook titled The Unsung Value of Effective Asset Management.

 

The Unsung Value of Effective Asset Management

About the Author

Trevor Morris

Trevor is a skilled, experienced, and passion-filled marketing and communications professional. He brings creativity and innovation to any project, task, or assignment he undertakes. He is able to clearly communicate ideas in any communication setting or communication medium and particularly enjoys opportunities to teach, mentor, and coach.

Trevor currently serves in the role of Director of Marketing at TAB Bank. TAB Bank is a commercial bank founded in 1998 and located in Ogden, UT. TAB serves the needs of small- to mid-size businesses through accounts receivable financing, asset-based loans, equipment loans, commercial equipment leases, business accounts and card products, and commercial banking services.

Follow on Linkedin More Content by Trevor Morris
Previous Article
Finding the Top Savings Account in 2019
Finding the Top Savings Account in 2019

If your aim is to save as much money as possible, there are few savings account on the market that are bett...

Next Article
Are you leaving easy money on the table?
Are you leaving easy money on the table?

Making budgets, managing investments, controlling spending and other factors are all vitally important for ...

Do you love Instagram? We do too, follow @tab.bank today.

Follow Now!