TAB Bank Provides $10.5MM Asset-Based Credit Facility to Transportation Company

TAB Bank provided a $10.5 million asset-based credit facility to a transportation company in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company hauls freight across all 50 states and features live 24/7 dispatch, specialized drivers, a new fleet featuring air-ride and CARB certified equipment and a network of owner-operators all over the United States. The company’s fleet includes power-only units, reefers, dry vans, expedited van delivery for smaller loads and other specialized trucking equipment.

Previous
Previous

Georgia Judge Sentences Alford to 8 Years in Prison for Fraudulent Factoring Scheme

Next
Next

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