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TAB Bank Provides $500K to Construction Materials Company

October 30, 2014, 07:03 AM
Filed Under: Distribution

A construction materials supply company in the Southwest has chosen TAB Bank for a $500 thousand revolving credit facility.  The company specializes in producing and supplying gravel, sand, concrete, asphalt blocks, and road construction materials.  The facility is based on accounts receivable, is made available through a multi-year agreement, and will provide for the ongoing working capital needs of the company.

TAB Bank provides custom working capital solutions to commercial businesses from many industries.  These solutions are provided in all stages of business life cycles during any economic conditions.  TAB Bank does this through accounts receivable financing, lines of credit, equipment finance, asset-based loans, business accounts, and treasury management services.

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