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TAB Bank Provides $5MM Asset-Based Credit Facility to Beverage Company in Canada

October 26, 2022, 07:00 AM
Filed Under: Beverages

TAB Bank provided a beverage company based in British Columbia, Canada with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition, the new facility from TAB Bank allows the company to move away from a smaller community bank and meet aggressive growth targets.

The company’s business activities include filling and decorating aluminum cans, along with applying/brokering packaging materials and printing labels and sleeves for the North American beverage market.

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