BBVA Compass can now help clients move goods across the country with its new Transportation Banking group. The specialty group will provide loans, revolving credit, equipment and acquisition financing and other financial products and services to trucking, rail, shipping, logistics and air-related businesses across the country.

The announcement came less than a year after the bank launched its Equipment Finance group, which helps companies lease and acquire rail cars, aircraft and other equipment.

“Transportation Banking pairs well with our Equipment Finance offering,” said Rafael Bustillo, BBVA Compass’ head of commercial banking. “Now, we can provide our customers everything from financing their equipment fleet to helping them expand through acquisitions.”

BBVA Compass Transportation Banking is led by Nick Weaver, who has more than 20 years of experience in the specialized industry, most recently with Regions Bank.

BBVA Compass is a subsidiary of BBVA Compass Bancshares, a wholly owned subsidiary of BBVA, a customer-centric global financial services group founded in 1857.