TAB Bank provided a $10.5 million asset-based credit facility to a transportation company in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
The company hauls freight across all 50 states and features live 24/7 dispatch, specialized drivers, a new fleet featuring air-ride and CARB certified equipment and a network of owner-operators all over the United States. The company’s fleet includes power-only units, reefers, dry vans, expedited van delivery for smaller loads and other specialized trucking equipment.
