Tyson Law Named Director of Lender Solutions at TAB Bank

OGDEN, UT--(Marketwire - Apr 12, 2012) - As TAB Bank continues to expand its financial offerings to a broader spectrum of industries, it is pleased to announce that Tyson Law (Tyson.Law@tabbank.com, 801-624-4415) has been named Director of Lender Solutions. Tyson will be based out of the TAB Bank corporate headquarters in Ogden, UT and will be responsible for and oversee new business development as it relates to product offerings in TAB's Lender Solutions Suite. These products and services primarily provide funding for specialty finance companies that offer factoring, asset-based lending, inventory financing, purchase order funding, and the like. TAB focuses on companies with experienced management in need of facilities ranging from $3 million to $10 million.

Tyson started with TAB Bank in 2002 and has worked within the bank in various capacities. He has experience in nearly all aspects of the asset-based lending business including time spent in operations, underwriting, legal, and sales. Prior to being named Director of Lender Solutions, Tyson worked as a Business Development Officer for TAB. In this previous role Tyson played an integral part in expanding the bank's working capital financing programs to businesses from a variety of industries. Tyson received a Bachelor Degree in Business Administration from Weber State University.

"We look forward to what Tyson will accomplish for TAB as our Director of Lender Solutions. He knows this business very well and will be a great focal point for us as we seek to further expand our Lender Solutions Suite to a larger pool of potential clients," commented Tim Valdez, Chief Lending Officer at TAB Bank.

TAB Bank (@TABBank) has assets in excess of $800 million through a variety of financial products including: capital equipment lease financing, accounts receivable financing, asset-based lending, lines of credit, equipment loans, business accounts, and commercial banking services. TAB Bank provides working capital solutions to small- and medium-sized commercial businesses across a wide range of industries. TAB provides these solutions in all stages of a company's business life cycle no matter the economic climate.