OGDEN, UT--(Marketwire - Oct 21, 2011) - As TAB Bank continues to expand its financial offerings to a broader spectrum of industries, it is pleased to announce the addition of Barry Yelton to the Business Development team as Vice President and Business Development Officer based in Charlotte, NC.

Barry is a thirty-seven year veteran of the asset-based lending and factoring industries. He has served as Regional Sales and Marketing Manager for Wells Fargo Foothill, Sovereign Business Capital, and Federal National Services. He served as National Sales and Marketing Manager for Lighthouse Financial Corp. and Textron Financial / Asset Based Lending Division.

He was co-founder and Vice Chairman of the National Funding Association and founder and first President of the Commercial Finance Association / Carolinas Chapter. He currently serves on the Board of Directors of the Small Business Finance Institute and the Carolinas Chapter of the Turnaround Management Association.

"We are excited to have Barry join the TAB business development team. He brings incredible experience and knowledge to this new role. He will be a great asset as we continue to create new opportunities and financing solutions for our clients," said Justin Gordon, National Director of Sales for TAB Bank.

TAB Bank (@TABBank) has assets in excess of $600 million through a variety of financial products including: capital equipment lease financing, accounts receivable financing, asset-based lending, lines of credit, and equipment loans. 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.

Contact Information:

Contact Information:
Trevor Morris
Marketing Manager
Twitter - @TABBank
Facebook - facebook.com/TABbank