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