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TAB Bank Provides $2MM Facility to Florida-Based Transportation Company

March 04, 2016, 07:31 AM
Filed Under: Transportation

A transportation company based in Florida has chosen TAB Bank for a $2 million revolving credit facility.  The facility is based on accounts receivable and will support the company’s ongoing working capital needs. The company is a family- owned business that specializes in temperature controlled brokered freight and truckload hauling.

Patrick Eakins is TAB Bank’s Vice President and Business Development Officer based in Nashville, TN.

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.

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