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TAB Bank Provides $8MM Revolver to Consumer Lighting Products Company

June 10, 2020, 09:15 AM
Filed Under: Consumer Products
Related: TaB Bank

TAB Bank is pleased to announce it has provided an $8 million asset-based revolving credit facility for a consumer lighting products company based in Utah.  The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs for the company.

The company specializes in the design and development of consumer lighting products such as flashlights, headlamps, and lanterns.

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.

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