TAB Bank Provides $2MM Asset-Based Credit Facility to Transportation Company

TAB Bank provided a $2 million asset-based credit facility to a transportation company in Michigan. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Operating mostly in the Northeast, the company is a commercial over-the-road freight hauling transportation service company offering 24/7 dispatching services along with freight satellite tracking.

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Sallyport Commercial Finance Provides $1.6MM A/R Facility to Canadian Manufacturer