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TAB Bank Provides IT Staffing Company With $2MM Credit Facility

February 19, 2015, 07:39 AM
Filed Under: Staffing Services

TAB Bank announced it has provided a $2 million revolving credit facility for an IT staffing company located in the Northeast.  The company specializes in all areas of IT Solutions, IS Security, IT Staffing, and Integrated Business Solutions.  They maintain contracts with various government agencies and commercial customers.  The new facility is based on accounts receivable and will provide for the company’s ongoing working capital needs.  

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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