TAB Bank provided nearly 300 companies with more than $57 million in funding in the fourth quarter of 2024. The financing includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation, manufacturing and distribution, e-commerce, maintenance, logistics and other industries. TAB Bank offers vital capital to help companies meet their growth and success goals.

Highlights of the largest Q4 2024 deals include:

• $20 million—Funding numerous companies for their equipment needs.
• $12 million—Steel Capital Management, a New York City-based finance company specializing in e-commerce solutions.
• $11 million—Providing almost 100 small businesses with lines of credit for growth.
• $5 million—A transportation maintenance solutions company in Dallas, Texas.
• $4 million—A Kentucky company that owns, operates and manages multi-tenant communication tower sites across the U.S.

For more than 25 years, TAB Bank’s core business has been financing over-the-road truckers and the broader transportation industry. This quarter, TAB Bank provided term loans and lines of credit ranging from $40,000 to $300,000 to transportation and logistics companies to help create consistent operational cash flow.

“The most successful companies grow by compounding their returns, and using strategic debt financing can be a powerful tool to fuel that growth,” said Terri K. Lins, Chief Credit Officer at TAB Bank. “Our focus is to create financing programs tailored to each company's specific goals—whether expanding inventory, investing in new equipment or ramping up marketing and promotions. We succeed when we help our customers leverage money in the right way to maximize their growth potential.”