Republic Business Credit provided a Midwest-based, privately owned plastics manufacturer with a $3.7 million line of credit.

The company is a plastic parts manufacturer that services large and medium-sized companies across the automotive, appliance, energy and industrial industries in the U.S.

“We are well-positioned to support manufacturing companies that are looking to leverage their balance sheet for growth,” Robert Meyers, president of Republic Business Credit, said. “Our team worked with the company to structure a growth-orientated facility that provided sufficient liquidity to enable the management team to focus on the future.”