TAB Bank Provides $2.5 Million Factoring Facility for Ryan Transportation

OGDEN, Utah, July 02, 2025 (GLOBE NEWSWIRE) -- TAB Bank has provided a $2.5 million factoring facility to Ryan Transportation, Inc., a Livonia, Michigan-based truckload transportation provider. The facility will strengthen cash flow and working capital, enabling Ryan Transportation to maintain its reputation for providing personal service that exceeds customer expectations.

Founded over 55 years ago, Ryan Transportation specializes in serving the automotive industry and its suppliers across the United States, with a strong presence in the Great Lakes Region. The company provides over-the-road, city driving, cross-dock and industrial switching services. Ryan Transportation is known for providing reliable, flexible and cost-effective solutions supported by innovative ideas and products, including EDI capabilities and GPS tracking for real-time ...