[OGDEN, 3/22/2018] – TAB Bank has been working with truckers for roughly 20 years, allowing it to build a special connection with and know the unique needs of the industry. The Ogden, Utah bank’s lending services help trucking companies enhance cash flow and minimize paperwork.

Opportunities with Invoices

Accounts Receivable (A/R) Financing has the power to unlock a business’s potential, TAB Bank explains. Additionally, A/R Financing allows business owners to use unpaid invoices as collateral against a line of credit for immediate cash flow.

For small business owners or entrepreneurs, things move swiftly. Having a partner that can keep up with the fast-paced world will be helpful. Smartly engineered invoice factoring could give business owners the chance to get the funds they need fast without missing an opportunity.

Liquidity with Assets

TAB Bank’s Asset-Based lending, meanwhile, is a more creative way to look at business financing. It focuses on the clients’ accounts receivable, inventory, and even some equipment instead of a company’s cash flow and balance sheet. This method provides utmost liquidity and flexibility with minimum rates to support the clients’ growth.

When it comes to equipment financing, TAB Bank provides clients with quick approval and funding, simple, straightforward terms, and customized solutions for their needs.

The bank also provides savings and money market accounts and business checking.

About TAB Bank

Professionals at TAB Bank help people build businesses, turn ideas into action, and capitalize on opportunities. TAB Bank believes that banking is not about transactions but relationships. The success of every client matters to the company since a client’s success is also TAB Bank’s success.

For more information, visit https://www.tabbank.com today.