Blair Duron Secures $2M TAB Bank Facility
Blair Duron, a logistics firm, secured a $2 million asset-based lending facility from TAB Bank to support growth.
June 12, 2026
1 min read
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Source: benzinga.com
Blair Duron, a logistics and transportation company, has secured a $2 million asset-based lending facility from TAB Bank. The facility is designed to provide working capital and support the company's growth initiatives.
The asset-based lending facility is secured by accounts receivable and other assets. TAB Bank, based in Ogden, Utah, specializes in providing financial solutions to the transportation and logistics industry.
Blair Duron plans to use the funds to expand its operations and invest in new equipment. The company serves clients across the United States, focusing on efficient freight management.
❓ Frequently Asked Questions
What is an asset-based lending facility?
It is a loan secured by company assets like accounts receivable, inventory, or equipment, providing working capital.
How much did Blair Duron secure from TAB Bank?
Blair Duron secured a $2 million asset-based lending facility from TAB Bank.
What will Blair Duron use the funds for?
The funds will be used to expand operations and invest in new equipment.
