TAB Bank provided a California-based logistics company with a $1.5 million credit facility that spans multiple years. The company will rely heavily on the facility to fund growth and significantly expand its sales and contract pipeline, which is projected to expand significantly in the coming months and years.
The company offers warehousing services, expert route planning services, inventory management, and supply chain distribution solutions. With over 15 years of experience, the company prioritizes fast response and punctual deliveries, whether for transloading, hazmat, overweight, or general over-the-road trucking needs.
While TAB Bank continues to offer smartly engineered funding solutions for commercial businesses from many different industries, it remains committed to providing working capital credit facilities in the $1 to $2 million range for transportation and logistics companies.