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

Image of a large super heavy haul semi-truck and trailer | TAB Bank

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.

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.

About the Author

Trevor Morris

Trevor is a skilled, experienced, and passion-filled marketing and communications professional. He brings creativity and innovation to any project, task, or assignment he undertakes. He is able to clearly communicate ideas in any communication setting or communication medium and particularly enjoys opportunities to teach, mentor, and coach. <br><br>Trevor currently serves in the role of Director of Marketing at TAB Bank. TAB Bank is a commercial bank founded in 1998 and located in Ogden, UT. TAB serves the needs of small- to mid-size businesses through accounts receivable financing, asset-based loans, equipment loans, commercial equipment leases, business accounts and card products, and commercial banking services.

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