Republic Business Credit provided a $2.5 million factoring facility to a Los Angeles-based apparel manufacturer and importer to support its upcoming holiday season orders.
Republic Business Credit provided a $1.5 million traditional factoring facility for a Los Angeles-based apparel importer for its 2020 fall and winter orders.
Republic Business Credit hired Tae Chung as senior vice president of business development in its Los Angeles office. Chung will lead Republic’s efforts in the apparel, accessory, electronic, textile, furniture and importer segments.
Continental Business Credit completed a $3 million revolving credit facility for a retailer and wholesaler of brand name women’s wear and accessories.