SOURCE: TAB Bank

November 16, 2010 11:15 ET

TAB Bank Funds Southern Pines Trucking

OGDEN, UT--(Marketwire - November 16, 2010) - TAB Bank is pleased to announce the funding of a $2 million senior credit facility for Southern Pines Trucking of Monaca, PA.

Southern Pines Trucking specializes in transporting hazardous and radioactive materials and also provides services to the automotive, steel, nuclear and building products industries. Founded in 2002 and based in Pennsylvania, the company has rapidly expanded to meet industry demands throughout the contiguous 48 United States of hazardous materials and automotive, steel, and building products.

TAB Bank is pleased to assist another quality company such as Southern Pines as they navigate the current economy as a leader in the transportation industry.

TAB Bank provides working capital solutions to transportation and non-transportation companies in all stages of business life cycles during all economic conditions. TAB Bank does so through Accounts Receivable Financing, Lines of Credit and Asset Based Loans.

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