TAB Bank Provides $5MM Credit Facility to Commercial Truck Parts Distributor
TAB Bank provided a commercial truck parts distributor in Texas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
The company is a mid-market commercial truck parts and components distributor. The parts and components the company distributes include a range of products for suspension, brakes, steering, transmission, fifth-wheel and axle/wheel systems.