TAB Bank Delivers $3.5 Million Working Capital Facility to Major North American Transportation Provider

OGDEN, Utah, Aug. 07, 2025 (GLOBE NEWSWIRE) -- TAB Bank has extended a $3.5 million ledgered working capital facility to one of North America's largest transportation service providers, a Canadian-based company with a vast network of less-than-truckload (LTL), full truckload (FTL) and cross-dock operations spanning Western Canada to Central California.

The logistics company sought a new banking partner after its previous financing company decided to reduce its portfolio in the transportation sector. With limited time to secure a replacement, the company turned to TAB Bank for its industry expertise, bank-rate pricing ...