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TAB Bank Provides $4.5MM Revolver to Waterworks Distribution Company

February 15, 2017, 07:00 AM
Filed Under: Utilities

TAB Bank announced it has provided a $4.5 million revolving credit facility for a waterworks distribution company located 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 is a distributor of underground waterworks material such as pipe, valves, fittings, hydrants, and other accessories.  These parts are utilized in the development and maintenance of water and sewer infrastructure.

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