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TAB Bank Provides NM Petroleum Wholesaler With $4MM Revolving Credit Facility

November 10, 2017, 08:01 AM
Filed Under: Wholesaler

TAB Bank announced it has provided a $4 million revolving credit facility for a petroleum wholesale company located in New Mexico.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs

The company sells diesel, gasoline, bio-diesel, jet fuel, and ethanol to smaller jobbers, retailers, and large fuel consumers such as truck fleets, agencies of state and local governments, agricultural and farming enterprises, airports, utilities and school districts in eight different states.


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