Blog - TAB Bank, Member FDIC

TAB Bank Provides Transportation Company in Kentucky with a $4 Million Asset-Based Credit Facility

Dec 16, 2019

in Blog, Press Releases

OGDEN, Utah, Dec. 16, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $4 million asset-based revolving credit facility for a transportation company located in Kentucky. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition to the working capital facility,…
TAB Bank Completes $46 Million Acquisition of BAMFi’s BAM Capital Division

Nov 25, 2019

in Blog, Press Releases

OGDEN, Utah, Nov. 25, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has finalized the acquisition of BAMFi’s $46 million BAM Capital Division. This is TAB Bank’s fourth successful completed acquisition of a working capital loan portfolio. As part of the acquisition TAB will retain the operations and staff at BAM’s office in Dallas,…
TAB Bank Provides Commercial Printing Company in Illinois with a $3 Million Asset-Based Credit Facility

Nov 7, 2019

in Blog, Press Releases

OGDEN, Utah, Nov. 07, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $3 million asset-based revolving credit facility for a commercial printing 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. The company provides print, marketing, and…
TAB Bank Provides Organic Foods Company in Pennsylvania with a $5.5 Million Asset-Based Credit Facility

Oct 31, 2019

in Blog, Press Releases

OGDEN, Utah, Oct. 31, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $5.5 million asset-based revolving credit facility for an organic foods company located in Pennsylvania. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company produces and distributes organic…
TAB Bank Provides Supply Chain Management Company in Ohio with a $5 Million Revolving Credit Facility

Oct 1, 2019

in Blog, Press Releases

OGDEN, Utah, Oct. 01, 2019 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce it has provided a $5 million revolving credit facility for a supply chain management company located in Ohio. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides mobile asset visibility…
Factoring Company in Idaho Chooses TAB Bank for a $12 Million Rediscount Credit Facility

Jun 6, 2018

in Press Releases, Blog

OGDEN, Utah, June 06, 2018 (GLOBE NEWSWIRE) — A factoring company based in Idaho has chosen TAB Bank for a $12 million rediscount credit facility. The new facility is extended through a multi-year agreement and will enable the company to grow their portfolio. The company provides factoring services for businesses operating in oilfield services as well as…
Class 8 Orders Rocket Higher, Up 160% Year-Over-Year | Transport Topics

Nov 6, 2017

in Blog, Fleet Management, General Trucking News, Trucking Equipment

Preliminary October North American Class 8 net orders significantly surpassed expectations, rising to 36,200 units, ACT Research Co. reported. “October’s orders represented a 160% year-over-year jump from a particularly easy, cancellation-impacted, year-ago comp,” ACT President Kenny Vieth said in a statement. Orders in the 2016 period were 13,907. The orders also were the highest since…
Scott F. Barnes Joins TAB Bank’s Business Development Team

Sep 19, 2017

in Blog

OGDEN, Utah, Sept. 19, 2017 (GLOBE NEWSWIRE) — TAB Bank is pleased to announce the addition of Scott F. Barnes (972-768-7306, scott.barnes@tabbank.com) to their business development team as Vice President and Business Development Officer. Scott will be based in Dallas and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in…
Good maintenance practices prepare you to take advantage of freight upticks

Feb 21, 2017

in Blog, Legacy, Blog Source

Earlier this year the U.S. Department of Transportation said it expects freight ton miles (the movement of one ton of freight for one mile) to increase by almost 50% by 2045. A report from the Bureau of Transportation and the Federal Highway Administration predicted freight ton miles would reach 7.6 trillion in the next 30…
5 Brutally Honest Translations of “Let Me Think About It” (and How to Press Forward)

Jan 30, 2017

in Blog, Leadership, Sales

“Let me think about it” can buy time, but it serves other functions you need to know, too. Maybe you’re just trying to meet your sales quota and convince one more customer to make a buy. Or perhaps the stakes are higher and you’re after hundreds of thousands of dollars in funding. Whatever the case, hearing “Let…
A Simple Formula To Be The Most Trusted Expert In Your Field

Jan 18, 2017

in Blog, Legacy, Blog Source

If your customers can’t get answers from you, where will they get them? If you were to go back just fifteen years, your customers generally relied on your salespeople to answer questions and gather information. The way customers research information to make decisions has changed. There are surprising ways customers now find answers to questions.…
Here’s what the trucking industry has planned for 2017

Dec 14, 2016

in Blog, Employment/Career, General Trucking News, Marketing, Sales

The trucking industry is known for its community of events and truck shows, and 2017 is shaping up to be a promising year. In 2017, National Truck Driver Appreciation Week falls on Sept. 10-16. Through the week, trucking companies and related businesses and organization will honor truck drivers with recognition, discounts and more. The annual Great American…