TAB Bank Funds $5MM Lending Facility for Nevada Based Agriculture Financing

March 10, 2025 - TAB Bank recently finalized a $5 million Lender Finance facility with a Nevada-based company that focuses on factoring financing for farmers. This company, designed by growers for growers, offers specialized financial solutions crafted for the upcoming era of agricultural enterprises.

In the agricultural sector, where payment cycles often extend from 30 to 90 days, growers encounter significant liquidity hurdles. To address this issue, the platform steps in by promptly advancing up to 96% of a grower's sales within a mere 24-hour timeframe. This swift and efficient funding mechanism not only enhances cash flow but also diminishes financial uncertainties, ultimately saving valuable time for growers.