TAB Bank Secures Nearly $100 Million in Q3 Financing Deals, Empowering 385 Businesses Nationwide

OGDEN, Utah, Oct. 30, 2024 (GLOBE NEWSWIRE) -- TAB Bank successfully closed $98.4 million in credit facilities across 385 deals during the third quarter of 2024. The financing includes a diverse range of loans such as working capital, equipment, commercial real estate, small business lines of credit and accounts receivable funding across numerous sectors, including homeware, restaurant, manufacturing, real estate, transportation, and more. TAB Bank remains a solid financial partner for businesses nationwide, offering crucial capital for growth and success to turn goals into reality.

Highlights of the largest Q3 2024 deals include:

$12 million–A multifamily community developer based in Texas.

$10 million–Mobility Trust Group, a company based in Virginia, specializing in financing wheelchair-accessible vehicles (WAV) and home mobility equipment for people living with disabilities.

$5 million–CoreCentric Solutions, a leader in the repair, remanufacture and product returns industry based in Illinois.

$4.5 million–The Fiesta Tableware Co., the ...