SOURCE: TAB Bank

TAB Bank

December 22, 2015 09:20 ET

Transportation Company Chooses TAB Bank for a $5 Million Revolving Credit Facility

OGDEN, UT--(Marketwired - Dec 22, 2015) - A transportation company based in North Carolina has chosen TAB Bank for a $5 million revolving credit facility. The facility is based on accounts receivable and will support the company's ongoing working capital needs. The company operates 225 tractors and hauls freight for many big name shippers.

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.

Patrick Eakins is TAB Bank's Vice President and Business Development Officer based in Nashville, TN. Patrick focuses on opportunities in the trucking industry and has years of financial sales and marketing experience that he brings to any client relationship. He can be reached at 615.975.1835 or at patrick.eakins@tabbank.com.

Contact Information

  • Contact Information:

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