TAB Bank provided a $5 million revolving credit facility for a trucking company based in California.

Funding from the facility was used to pay off the company’s previous lender and will provide for its ongoing working capital needs. In addition, TAB Bank also provided the company with a $5.9 million equipment term loan to refinance various pieces of equipment.

The company serves the crude oil transportation and logistics needs of major U.S. crude oil producing regions. It operates 139 tractors and 183 trailers and transports approximately 1.5 billion gallons of oil annually.