Republic Business Credit hired Heather Rachel as vice president, Business Development in Minneapolis, expanding the company’s Midwestern presence.
Rachel will focus on building strategic partnerships and reciprocal relationships throughout the Upper Midwest and target entrepreneurs with funding needs up to $10 million across their receivables, purchase orders, inventory and equipment.
“Heather is a proven relationship builder that is well established in the Minneapolis marketplace,” said Robert Meyers, president of Republic Business Credit. “Heather will combine her entrepreneurial experience and her commercial finance knowledge to provide a refreshingly consultative approach for prospective clients.”
Rachel previously worked for two finance companies providing asset-based lending and factoring solutions. She was twice an entrepreneur and is the author of The B.I.G. Plan: A Proven Process for Business Owners to Adopt for Change and Growth.
“Heather has a strong background engaging customers and finding the correct solution, which complements our values as we pride ourselves on a people first approach to supporting our clients,” said Republic CEO Stewart Chesters. “With her determination to add real value to relationships, I know she will represent us strongly in the marketplace.”