Lyft Shares Slide After Weak Q1 Profit Forecast and Surprise 2025 Operating Loss 
Standard Chartered Names Peter Burrill as Interim Group CFO Following Diego De Giorgi’s Exit 
Petrobras Posts Record Oil Exports as Production Surge Fuels Global Expansion 
Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes 
ByteDance Advances AI Chip Development With Samsung Manufacturing Talks 
Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Ancora Holdings Builds $200M Stake in Warner Bros Discovery, Targets Netflix Asset Sale Plan 
Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Macquarie Group Shares Jump as Third-Quarter Trading Conditions Improve Across Key Units 
Air New Zealand Cabin Crew Strike Set for February 12–13 Amid Failed Talks 
FDA Rejects Review of Moderna’s Flu Vaccine Application, Shares Slide 
OGDEN, Utah, April 09, 2018 -- TAB Bank is pleased to announce it has provided a $3 million asset-based revolving credit facility for a lighting manufacturing company located in Florida. 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 manufacturer and distributor of highly artistic lighting designs including lamps, ceiling fixtures, outdoor lighting, and wall fixtures. All principal design components are manufactured in-house, from glass-blowing to metal work.
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.
Chris Mitchell is TAB Bank Vice President and Business Development Officer based in Atlanta and covering the Southeast United States. He has over 25 years of experience developing client relationships and structuring credit facilities in the asset-based lending and factoring arena. He can be reached at 404.432.7657 or at [email protected].
Contact Information:
Trevor Morris
Director of Marketing
801-624-5172
[email protected]
Twitter - @TABBank
Facebook - facebook.com/TABbank
