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TAB Bank Provides Flatbed Trucking Company With $1.25MM Credit Facility

January 15, 2016, 07:48 AM

TAB Bank announced it has provided a $1.25 million revolving asset-based credit facility for a flatbed transportation company based in Georgia.  The financing was done in conjunction with an acquisition by a private equity group.

The company operates as a regional truckload freight carrier hauling commercial building materials, steel, pipe, retail goods, and paper, primarily originating in the southeastern United States.

TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. These solutions can be customized to meet the needs of companies in all stages of the business life cycle and during any economic conditions.  TAB Bank does this through a variety of asset-based structures including asset-based revolving loans, accounts receivable financing, lines of credit, and equipment finance.  TAB’s lending options can also be combined with a full suite of business banking solutions and Treasury Management Services.

Robert Gole is TAB Bank’s Vice President and Business Development Officer based in Atlanta.

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