SOURCE: TAB Bank

TAB Bank

January 15, 2016 08:20 ET

TAB Bank Provides Flatbed Trucking Company With a $1.25 Million Revolving Credit Facility

OGDEN, UT--(Marketwired - Jan 15, 2016) - TAB Bank is pleased to announce it has provided a $1.25 million revolving asset-based credit facility for a flatbed transportation company based in Georgia. The financing was done in conjunction with an acquisition by a private equity group.

The company operates as a regional truckload freight carrier hauling commercial building materials, steel, pipe, retail goods, and paper, primarily originating in the southeastern United States.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions. TAB Bank does this through a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing, Lines of Credit, and Equipment Finance. TAB's lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.

Robert Gole is TAB Bank's Vice President and Business Development Officer based in Atlanta. Robert focuses on relationships in the transportation industry and is an asset-based lending veteran with over thirty years of experience. He can be reached at 404-202-4870 or at robert.gole@tabbank.com.

Contact Information

  • Contact Information:

    Trevor Morris
    Director of Marketing
    801-624-5172
    trevor.morris@tabbank.com
    Twitter - @TABBank
    Facebook - facebook.com/TABbank