TAB Bank Closes $8 Million Working Capital Facility with Optimum Foods to Provide Meals and Other Critical Food Options for Youth Throughout the USA

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

OGDEN, Utah, June 16, 2026 (GLOBE NEWSWIRE) -- TAB Bank closed an $8 million working capital facility for Optimum Foods, a Veteran-Owned Small Business with primary operations in Texas that provides and distributes shelf-stable meal solutions nationwide through parcel, less-than-truckload (LTL), and full truckload shipping. The financing will support increased production capacity, inventory purchases, and working capital needs as Optimum Foods continues to expand its reach among nonprofit organizations, school districts, food banks, and community partners across the country.

"It has been a pleasure working with Sam and the rest of the TAB Bank team on this new facility. It provides the financial flexibility necessary to support our continued growth and deliver more nutritious meals to children and families nationwide," said Troy Hedland, Chief Executive Officer of Optimum Foods. "TAB Bank took the time to understand our business model, mission, and growth strategy, and we look forward to building a long-term partnership with their team."

"This transaction highlights our ability to deliver a comprehensive solution to a growing company. Optimum Foods has aggressive growth plans, and we plan to work right alongside them as they continue expanding their impact through federally supported child nutrition programs," stated Sam Cirelli, Vice President of Business Development at TAB Bank.

TAB Bank provides customized financial solutions to help businesses thrive in competitive markets. With a range of services, including working capital facilities, term loans, and equipment financing, TAB Bank delivers bold financial solutions that lift and empower businesses nationwide.

About TAB Bank
At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to building value in all we do through our innovative banking products. Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 27 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience. 

For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

Contact Information:
Trevor Morris
Director of Marketing
801-710-6318
trevor.morris@tabbank.com


Primary Logo

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  237.50
-8.50 (-3.46%)
AAPL  295.95
-3.29 (-1.10%)
AMD  512.48
+5.19 (1.02%)
BAC  56.53
-0.31 (-0.55%)
GOOG  362.10
-9.00 (-2.43%)
META  567.58
-32.63 (-5.44%)
MSFT  378.91
-14.92 (-3.79%)
NVDA  204.65
-2.76 (-1.33%)
ORCL  183.53
-4.80 (-2.55%)
TSLA  396.38
-8.28 (-2.05%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.