OGDEN, UT--(Marketwired - Feb 10, 2014) - A transportation company located in the Midwest has chosen TAB Bank for a $1.5 million revolving credit facility. The company is a long haul transportation company that focuses on temperature-controlled and dry van transportation. The new facility is based on accounts receivable and will provide for the ongoing working capital needs of the company.
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.
TAB's nationwide team of Business Development Officers possess years of experience developing client relationships and structuring credit facilities in the asset-based lending arena.