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TAB Bank Provides Revolving Credit Facility to Trucking Company in Illinois

May 26, 2016, 07:43 AM
Filed Under: Transportation
Related: Asset Based, TaB Bank


TAB Bank announced it has provided a $750 thousand revolving credit facility for a trucking company located in Illinois.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company operates 23 trucks and works with freight brokers to haul dry van shipments within the continental United States.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries.  These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions.  TAB Bank does this through a variety of asset-based structures including asset-based revolving loans, accounts receivable financing, lines of credit and equipment finance.  TAB’s lending options can also be combined with a full suite of business banking solutions and treasury management services.







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