TAB Bank Provides InterMetro Communications With a $3 Million Senior Credit Facility
19 Outubro 2012 - 8:00AM
TAB Bank is pleased to announce that it has provided a $3 million
senior credit facility through a multi-year agreement for
InterMetro Communications, Inc. (Ticker:IMTO) of Simi Valley, CA.
TAB Bank (@TABBank) provides custom working capital solutions to
commercial businesses from many industries. These solutions are
provided in all stages of business life cycles during any economic
conditions. TAB Bank does this through Accounts Receivable
Financing, Lines of Credit, Equipment Loans, Asset Based Loans,
Business Accounts, and Commercial Banking Services.
InterMetro Communications is a leading facilities-based IP
communications provider of enhanced voice and data communication
services. InterMetro owns and operates a national, private,
proprietary voice-over Internet Protocol (VoIP) network
infrastructure powered by state-of-the-art switching equipment and
software. InterMetro's robust network transports carrier-quality,
cloud-based enhanced voice and data services that are packaged into
customized products. This network powers some of the industries'
leading providers of converged communication services such as:
wholesale transport carriers, wireless providers, broadband phone
companies, VoIP service providers, prepaid service providers, and
voice-enabled application service providers. InterMetro's
experienced team has a customer-centric approach with a proven
track record of success.
"We were looking for a lending partner that could grow with us,
and TAB Bank is the type of partner we had in mind. We were very
impressed with their team of commercial finance professionals. As a
high growth technology company, they understood what we were
looking for and they customized a solution that gives us the
financial footing to achieve our forecasted growth plans,"
commented Charles Rice, Chief Executive Officer of InterMetro
Communications.
"We are very excited with our new relationship with InterMetro
Communications," stated Gary Harding, Chief Credit Officer at TAB
Bank. He continues, "The company provides exceptional service and
value to their customer base. We are very much looking forward to
working alongside their experienced team as they work toward
bringing their communication solutions to a larger number of
clients and grow their business."
Contact Information: Trevor Morris Marketing Manager
801-624-4418 trevor.morris@tabbank.com Twitter - @TABBank Facebook
– facebook.com/TABbank
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