OGDEN, UT--(Marketwired - Aug 17, 2015) - TAB Bank is pleased to announce it has provided a $3 million revolving credit facility for a trucking company based in Ohio. Funding from the facility was used to pay off the company's previous lender and will provide for their ongoing working capital needs. In addition, TAB Bank also provided the company with a $1.1 million equipment term loan to purchase new equipment.
The company maintains multiple offices in the Midwest and Eastern United States and offers service across the continental United States and Ontario, Canada.
TAB Bank provides custom working capital solutions to commercial businesses from many industries. These solutions are provided in all stages of business life cycles during any economic conditions. TAB Bank does this through Accounts Receivable Financing, Lines of Credit, Equipment Finance, Asset Based Loans, Business Accounts, and Treasury Management Services.
Tim Green is TAB Bank's Vice President and Business Development Officer based in St. Louis. Tim is an industry veteran in developing relationships with transportation companies and helping them secure financing to successfully grow and manage their businesses. He can be reached at 573-846-6652 or at tim.green@tabbank.com
Contact Information:
Contact Information:
Trevor Morris
Director of Marketing
801-624-5172
trevor.morris@tabbank.com
Twitter - @TABBank
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