TAB Bank provided a $1.2 million in equipment financing and a $4 million asset-based revolving credit facility for a transportation company located in Kentucky.

The new ABL facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

The company operates a fleet of 150 trucks and provides warehousing services for its customers.

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.