TAB Bank announced it has provided a $3.5 million asset-based revolving credit facility for a trucking company located in Utah. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
The company owns and operates approximately 200 trucks and 330 trailers and is engaged in the transportation of materials for the oil and gas industry.
Jefferey Hogg is TAB Bank’s Vice President and Business Development Officer based in Ogden, UT. Jeff focuses on creating and cultivating relationships with trucking companies and trucking professionals. He covers a territory that includes the states of Utah, Nevada, California, Arizona, and New Mexico.