TAB Bank provided $4.7 million in equipment loans for 27 trucking companies during the 4th quarter for 2013. Based in different regions of the country, these companies represent a broad spectrum of trucking entities including one-truck owner-operators and small and large fleets.
While FDIC-insured TAB Bank provides working capital and other customized financial solutions to a variety of industries such as manufacturing, staffing, and technology, the company’s first industry was transportation. In addition to Equipment Finance, these financial solutions are provided in the form of Accounts Receivable Financing, Asset Based Loans, Lines of Credit, Business Accounts, and Treasury Management Services.