SOURCE: TAB Bank

TAB Bank

June 19, 2015 08:35 ET

Trucking Company in Southeast Chooses TAB Bank for $1.5 Million Revolving Credit Facility

OGDEN, UT--(Marketwired - Jun 19, 2015) - A trucking company located in the southeast has chosen TAB Bank for a $1.5 million revolving credit facility. The new facility is based on accounts receivable and will provide cash flow for the company's ongoing working capital needs. In addition, the company also received a $600 thousand equipment term loan from TAB Bank to acquire new 2016 equipment.

The company provides transportation and freight brokerage services for refrigerated produce and other food products.

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.

Robert Gole is TAB Bank's Vice President and Business Development Officer based in Atlanta. Robert is an asset-based lending veteran with over thirty years of experience in the industry. 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