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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Heavy Haul Transportation Company in Texas Chooses TAB Bank for a $3.5 Million Revolving Credit ...

November 20, 2020 GMT

OGDEN, Utah, Nov. 20, 2020 (GLOBE NEWSWIRE) -- A heavy haul transportation company in Texas has chosen TAB Bank for a $3.5 million asset-based revolving credit facility.   The new facility is extended through a multi-year agreement and will provide the means to fund growth for the company.

The company specializes in hauling large cranes and excavation equipment.

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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Gina Mackenzie is TAB Bank’s Vice President and Business Development Officer that brought this new deal to TAB. Gina is based in New York and has years of experience developing client relationships and structuring credit facilities in the asset-based lending arena. Gina can be reached at 973.580.0497 or at gina.mackenzie@tabbank.com.

Contact Information:

Trevor Morris
Director of Marketing
801-624-5172
trevor.morris@tabbank.com
Twitter - @TABBank
Facebook – facebook.com/TABbank