Finance

TAB Bank Provides Therapy Services Company in California with an $8.5 Million Revolving Credit Facility

OGDEN, Utah, April 20, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided an $8.5 million revolving credit facility for a therapy services company located in California.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needsThe company provides physical, occupational, and speech therapy services to skilled nursing facilities, assisted living centers, and outpatient clinics throughout California.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.Brett Horwitz is TAB Bank’s Vice President and Business Development Officer based in Southern California.  Brett has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.  Brett can be reached at 949.466.5255 or at brett.horwitz@tabbank.com.Contact Information:

Trevor Morris
Director of Marketing
801-624-5172
trevor.morris@tabbank.com
Twitter – @TABBank
Facebook – facebook.com/TABbank

To Top