March 1, 2013

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Simple Products Corp. Chooses TAB Bank for a $750,000 Credit Facility

Press Release

March 1, 2013

Simple Products Corp. of Sandy has chosen TAB Bank for a $750,000 senior revolving credit facility. The new facility has been extended through a multi-year agreement.

Simple Products Corp. is a wholesale and e-commerce merchandise company that was founded in 2003. The company has operated as a product developer, manufacturer and wholesaler of retail merchandise. It specializes in all aspects of product development, from concept through the manufacturing process, to sales. Simple Products also provides distribution and marketing services into all major retail channels.

“As we continue to expand and look for new growth opportunities for our business, we needed a financial partner that could be light on their feet and provide customized solutions quickly and efficiently,” said Scott Carlston, controller of Simple Products. “The financial partner we were seeking also needed to be readily accessible to us on a regular basis to talk about our funding needs. TAB Bank has been all of these things.”

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