TAB Bank extended a $7 million credit facility to a family-owned transportation and brokerage company in the Southeast. The partnership will support the company’s growth and evolving working capital needs. TAB Bank previously worked with the transportation company as a factoring client from 2011 to 2017.
“With TAB Bank’s deep roots in the transportation industry, we are well positioned and excited to help this company with their remarkable growth trajectory,” Austin Strong, CEO of TAB Bank, said. “This funding agreement is a testament to TAB’s dedication to fostering long-term relationships with its clients and supporting their financial needs at every growth stage. This commitment furthers TAB’s mission of unlocking dreams with bold financial solutions that lift and empower.”
