SOURCE: TAB Bank

TAB Bank

March 04, 2011 11:28 ET

TAB Bank Provides Pavco and PTI Logistics With $1.6 Million in Credit Facilities

OGDEN, UT--(Marketwire - March 4, 2011) - TAB Bank announces it has made available up to $1.6 million in working capital lines for Pavco Trucking Inc. and its freight brokerage company, PTI Logistics, Inc.; both located in Clarksville, IN. 

Pavco is a family-owned and operated company serving its customers in all 48 states and Canada. Pavco is an Indiana based carrier providing dry-van, truckload, and limited LTL services along with Hazardous-Material hauling capabilities. Pavco also has terminals in Jacksonville, FL, and Fontana, CA. PTI Logistics is a full service freight brokerage company.

TAB Bank is pleased to assist another quality company like Pavco and PTI Logistics as leaders navigating the current economy in the transportation industry.

TAB Bank provides custom 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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