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Non-Recourse Factoring: Is It Right For Your Business?
For small business owners, managing cash flow effectively is a critical aspect of financial health. One financial tool that can help maintain liquidity and manage receivables is factoring. Factoring is a financial service that can transform your business dynamics and increase capital on hand. If you have been considering factoring, you’ve probably seen the terms…
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How to Start a Trucking Company in 6 Steps
Opening a business is no easy feat, especially in the trucking industry. The transportation industry is highly competitive and continues to grow. If you are interested in starting a trucking business, there are a few things you need to be aware of. Before you can get your freight on the road making deliveries, several government…
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Freight Factoring: Your Ultimate Guide
Freight factoring, also called transportation factoring or trucking factoring, has been around for quite some time. Yet freight company owners and truck drivers tend to see factoring as a new fad. They misinterpret factoring as companies looking to make money rather than having their interest in mind. However, factoring has been around for a long time…
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TAB Bank Provides Transportation Company in Utah with a $2 Million Asset-Based Revolving Credit Facility
OGDEN, Utah, March 26, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $2 million asset-based revolving credit facility for a transportation company based in Utah. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company specializes in next-day…
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TAB Bank Provides Trucking Company in Iowa with a $1.2 Million Revolving Credit Facility
OGDEN, Utah, Oct. 02, 2018 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $1.2 million revolving credit facility for a trucking company located in Iowa. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides flatbed trucking services throughout…
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TAB Bank Provides Trucking Company in Illinois with a $2.5 Million Revolving Credit Facility
OGDEN, Utah, April 26, 2018 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $2.5 million revolving credit facility for a trucking company located in Illinois. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. TAB Bank provides custom working capital solutions to…
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