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TAB Bank Provides Credit Facility to Trucking Company

December 12, 2014, 07:26 AM
Filed Under: Transportation

A trucking company located in Texas has chosen TAB Bank for a $350,000 revolving credit facility.  The new facility paid off the company’s previous lender and will be used for their ongoing working capital needs.  In addition to the credit facility, the company is also utilizing many services within TAB Bank’s Treasury Management suite for their cash management and financial operations.

Lance Velasquez is TAB Bank’s Vice President and Business Development Officer based in Salt Lake City and covering the western United States. 

TAB Bank provides custom working capital solutions to commercial businesses from many industries.  These solutions are provided in all stages of business life cycles during any economic conditions.  TAB Bank does this through accounts receivable financing, lines of credit, equipment finance, asset-based loans, business accounts, and treasury management services.

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