[OGDEN, 09/01/2017] —Small business owners are wary of getting a loan to improve their business operations because they assume that most recognized lending companies are likely to serve large corporations better. That is not always true.

Tab Bank, a trusted bank in Ogden, Utah, offers loan products to businesses of all sizes. The bank caters to startups, SMEs and big companies, as well as trucking businesses.

Helping Businesses Obtain Financing

Tab Bank currently offers four business loan products to give businesses the financing they need. These products are Accounts Receivable (A/R) Financing, Asset-Based Lending, Equipment Financing, and Factoring.
• A/R financing: This loan service gives businesses the opportunity to capitalize quickly on growth by offering flexible financing for maximum cash flow.
• Asset-based lending: This is an alternative to traditional lending. Businesses applying for this loan can expect minimal financial covenants, flexible financing, and greater liquidity than a traditional line of credit.
• Equipment financing: Suitable for trucking companies, this financing option comes with competitive rates, simple and straightforward terms, and quick approval and funding.
• Factoring: Businesses who need to get their funds fast can apply for this financing option. They can use their unpaid invoices as collateral against a line of credit to obtain immediate cash flow.

Tab Bank’s Commitment to Helping Businesses

Tab Bank understands that starting a business isn’t easy, which is why it commits to helping start-ups find the lending product they need to get their business up and running and to keep it running for a long time. Additionally, the bank firm offers its products to small and midsized companies to help them grow and take their business to the next level.

When it comes to large companies, Tab Bank’s lending products help ensure that their business runs smoothly. It also aims to keep trucking businesses moving by providing relevant financing options. Some of these options include equipment financing and fuel cost management designed to reduce paperwork and improve cash flow.

About Tab Bank

Established in 1998, the bank firm has been working relentlessly to help individuals capitalize on opportunities, turn ideas into action, build businesses, and acquire their piece of the American Dream. Apart from offering lending products to businesses, it offers banking solutions to non-corporate clients.

Log on to https://www.tabbank.com/ for more information.