Franzen Joins TAB Bank as VP of Business Development for Upper Midwest Region

Scott Franzen joined TAB Bank’s sales team as a vice president and business development officer. In this role, Franzen will be responsible for sourcing new business opportunities in the upper Midwest region.

Based in Albertville, MN, Franzen will provide asset-based and factoring working capital resources to commercial businesses with annual revenues ranging from $2 million to $150 million throughout the northern Midwest.  

Franzen has nearly three decades of experience in accounts receivable financing and asset-based lending. His expertise is heavily concentrated in the transportation industry.  

“We are excited for Franzen to join the TAB Bank sales team as we grow the business by developing new prospects and enhancing existing relationships,” Justin Hatch, senior vice president of commercial finance at TAB Bank, said. “His background in transportation is well aligned with TAB’s deep ties to the trucking industry, stretching back more than two decades.”

Franzen’s experience includes positions at Transport Clearings, Associates Commercial Corp, Marquette Transportation Finance, UMB Commercial Finance and TCI Business Capital.

Franzen is a member of the Truckload Carriers Association, the Minnesota Trucking Association, the Wisconsin Motor Carriers Association, the Iowa Motor Truck Association, the Duluth Superior Transportation Association, the Machinery Haulers Association and the Transportation Management Association.