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TAB Bank Provides $2MM Facility to Dump Truck Company

April 12, 2016, 07:46 AM
Filed Under: Transportation
Related: Asset Based, TaB Bank

TAB Bank announced it has provided a $2 million revolving credit facility for a dump truck company located in New Jersey.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company serves construction companies, contractors, and municipalities in the New York metro area by hauling construction materials and salt, and removing debris and waste.

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.

Tim Green is TAB Bank’s Vice President and Business Development Officer based in St. Louis.

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