Bob Kassebaum Joins TAB Bank's Business Development Team

OGDEN, UT--(Marketwire - Apr 17, 2012) - As TAB Bank continues to expand its footprint in terms of geography and business opportunities it is pleased to announce the addition of Bob Kassebaum (904-687-1227, Bob.Kassebaum@tabbank.com) to the business development team as Senior Vice President and National Strategic Alliance Director. Bob will be based in Palm Coast, FL and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities with annual revenues of $2 million to $150 million.

Bob is an industry veteran with over 35 years of experience providing lending solutions for small- to medium-sized businesses in a wide range of industries. Prior to joining TAB Bob spent six years with Marquette Commercial Finance as Senior Vice President of Sales and Marketing and Manager of Marquette's National Preferred Lender Program. Before joining Marquette Bob spent eight years with Merrill Lynch as Vice President and Manager of Merrill Lynch's Referral Lending Group providing lending solutions for commercial businesses in need of alternative working capital and long-term debt financing solutions. Bob is a member of the TMA, CFA, and ACG.

"We are very pleased that Bob has joined the TAB business development team. His years of experience in the alternative lending industry will be a major asset for our new business efforts. He brings with him an extensive network of contacts and relationships that will translate into many new opportunities for TAB as we strive to expand our presence and awareness of who we are and the financial product and service capabilities we provide," stated Justin Gordon, National Sales Director for TAB Bank.

TAB Bank (@TABBank) has assets in excess of $800 million through a variety of financial products including capital 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 cycle no matter the economic climate.