TAB Bank Secures $27.8 Million in Financing for Leading Growth of Aluminum Manufacturer

TAB Bank has extended a $27.8 million credit facility to a leading aluminum extrusion manufacturer based in Southern California. The funding package consists of a $20 million revolving line of credit and a $7.8 million term loan, providing crucial financial support to fuel the company’s growth and expansion in an increasingly competitive market. This strategic partnership underscores TAB Bank's commitment to empowering businesses by offering tailored financial solutions designed to meet both immediate needs and long-term goals.

The aluminum manufacturer was referred to TAB Bank through a trusted industry source after facing difficulties with its previous lender. Seeking a more flexible and supportive financial partner, the company turned to TAB Bank, which responded with a customized credit structure that not only addressed current financial requirements but also positioned the business for renewed growth. TAB Bank’s innovative approach reflects its dedication to finding creative solutions that align with the unique needs of its clients.

“We’re excited about this partnership because the aluminum manufacturer plays a crucial role in the economy and the country’s infrastructure,” said Brett Horwitz, Managing Director and Head of Originations for the Western Region at TAB Bank. “This new credit structure not only opens up opportunities for growth but also enhances operational efficiency. We’re eager to support the company’s management team as they work towards scaling the business and achieving even greater success.”

Since its founding in 1991, the manufacturer has grown into a vertically integrated leader in the aluminum industry. The company offers a comprehensive range of services, including cutting, fabrication, drilling, and computer numerical control (CNC) work, along with in-house powder coating and anodizing solutions. Its fully integrated production capabilities enable the company to deliver high-quality, cost-effective services with unmatched efficiency.

One of the company’s key competitive advantages is its in-house foundry, which melts and recycles billet scrap, significantly reducing waste and lowering production costs. This sustainable approach not only enhances the company’s environmental profile but also contributes to its overall cost-efficiency, further strengthening its market position.

The infusion of capital from TAB Bank will enable the manufacturer to continue investing in advanced technologies, streamline operations, and expand its production capacity. The financial backing will also support the company’s efforts to meet increasing demand while maintaining its commitment to quality and sustainability.

This new chapter in the aluminum manufacturer’s journey, supported by TAB Bank’s tailored financing solutions, marks a significant milestone in the company’s evolution. With the right financial resources in place, the manufacturer is well-positioned to achieve its growth ambitions and continue making a positive impact on the broader economy. Through this partnership, TAB Bank reinforces its role as a trusted financial partner, dedicated to helping businesses navigate challenges, seize opportunities, and thrive in a competitive landscape.