OGDEN, Utah, Aug. 08, 2017 (GLOBE NEWSWIRE) -- TAB Bank is pleased to announce the addition of Chris Mitchell (404-432-7657, chris.mitchell@tabbank.com) to their business development team as Vice President and Business Development Officer. Chris will be based in Atlanta and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Southeastern United States with annual revenues of $2 million to $150 million.
Chris has over 25 years of experience in the asset-based lending and factoring industries. The majority of Chris’s career has been providing small to mid-size companies with asset-based loans, accounts receivable financing, factoring, and equipment funding solutions to support their working capital needs. Recently, Chris’s experience includes positions at Hitachi Business Finance, Greenfield Financial, and other boutique finance companies. Earlier in his career, he started First Capital Corporation’s Atlanta office as Vice President/Region Manager where he was responsible for new loan origination for asset-based lending and factoring transactions for small to mid-size companies throughout the Southeast. Chris earned a Bachelor of Science degree in Finance from Auburn University.
“Chris’s addition to our business development team is a critical step of our strategy to create and nurture relationships and opportunities with small to mid-sized companies in the Southeast. Our goal is to build momentum in this region of the country by offering working capital facilities and business banking solutions through a collaborative effort with our current clients, prospective clients, and centers of influence. The addition of Chris to our business development team greatly enhances our ability to achieve these goals. We are very pleased he has joined our team and we look forward to the new opportunities that will be the result of his efforts,” commented Justin Gordon, SVP of Sales and Marketing for TAB Bank.
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.