LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 14th, 2024 • Proficient Auto Logistics, Inc • Transportation services • Florida
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) is dated November 8, 2024, by and among PROFICIENT AUTO LOGISTICS, INC., a Delaware corporation (“PAL”; PAL, along with the Subsidiaries of PAL listed as “Borrowers” on the signature pages hereto and all other parties that become borrowers party to this Agreement from time to time, in accordance with its terms, collectively the “Borrower”); and PINNACLE BANK, a Tennessee banking corporation (“Lender”).
