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TAB Bank Provides Transportation Factoring Company $5MM Rediscount Credit Facility

March 24, 2021, 08:00 AM
Filed Under: Factoring

TAB Bank provided a $5 million rediscount credit facility for a trucking factoring company based in Michigan. The facility is based on a multi-year agreement and will provide the means necessary to grow and expand the company’s growing portfolio.  

The company was primarily looking for a funding partner with experience in lending to and financing companies in the trucking industry.  Their search led them to TAB Bank.

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