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News Stories (11 Results) - Transportation Services

TAB Bank has provided a $10 million asset-based revolving credit facility for a traffic control company based in California. The new facility is extended through a multi-year agreement and will provide for the ongoing working capital needs for the... Read Story

October 01, 2020, 08:40 AM

Amerisource Business Capital announced the closing and funding of a $6,000,000 credit facility for a fuel distribution and transportation Company in Pennsylvania.  The proceeds from this facility were used to support their continued growth. Andy... Read Story

March 19, 2018, 08:00 AM

Capital Foundry Funding, LLC (CFF), a subsidiary of Pittsburgh’s Capital Foundry, LLC (Capital Foundry), announced that it has provided a $2 million revolving line of credit to a fleet refueling company located in New York City. The financing... Read Story

November 02, 2017, 07:00 AM

Big Shoulders Capital, an asset-based lender, provided a $1 million senior secured term loan to fund the acquisition of a crude oil transportation company. By working closely with the company, Big Shoulders was able to close and fund the transaction... Read Story

July 06, 2017, 07:01 AM

Super G Funding has provided a $750,000 second lien loan to a provider of nationwide parcel logistics services (transportation) and parcel shipping & management software. The company’s services and software help customers manage and control their... Read Story

February 16, 2017, 08:00 AM

Tetra Capital, a factoring company specializing in the transportation industry, announced they recently provided factoring facilities for 6 new transportation companies. The factoring facilities included: $40,000 to a Dry Van Company in the... Read Story

January 31, 2017, 07:15 AM

TAB Bank announced it has provided a $1 million revolving credit facility for a trucking company located in Oregon.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.  In... Read Story

January 06, 2017, 07:30 AM

Bibby Financial Services Canada (BFS) announced a combined $2.5 million non-notification factoring facility to a group of two companies within the transportation, logistics and recycling industry based in a small British Columbia community. The... Read Story

August 31, 2016, 07:41 AM

Ridgemont Equity Partners, a middle-market buyout and growth equity investor, announced the recapitalization of Unishippers Global Logistics, a provider of third party logistics services to small and medium-sized businesses. Financial terms of the... Read Story

October 20, 2015, 07:38 AM

Tetra Capital, a factoring company specializing in the transportation industry, recently provided factoring facilities for six new transportation companies. The factoring facilities included: $40,000 to a Dry Van Company from the West... Read Story

October 09, 2015, 07:17 AM

A transportation brokerage company located in the southeast has chosen TAB Bank for a $3 million asset-based revolving credit facility. The new facility paid off the company's previous lender and will provide cash flow for the company's ongoing... Read Story

February 27, 2015, 07:26 AM