Transportation Company in New York Chooses TAB Bank for a $2 Million Revolving Credit Facility

OGDEN, UT--(Marketwired - Jul 21, 2016) - A transportation company in New York has chosen TAB Bank for a $2 million revolving credit facility. The new facility will pay off the company's previous lender and will support the company's ongoing working capital needs.

The company is a freight brokerage that specializes in food and refrigerated services. They have built relationships with customers that range from local farmers to Fortune 500 companies.

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.

Patrick Eakins is TAB Bank's Vice President and Business Development Officer based in Nashville, TN. Patrick focuses on opportunities in the trucking industry and has years of financial sales and marketing experience that he brings to any client relationship. He can be reached at 615.975.1835 or at patrick.eakins@tabbank.com.