Republic Business Credit extended a $3.5 million asset-based loan revolver, with an additional $500,000 equipment term loan, to an Oregan-based, private equity-owned metal injection molding company seeking a new partner to replace its bank line of credit.
Republic Business Credit provided an Illinois-based children’s book publisher with a $1 million recourse facility.
Republic Business Credit provided a $6 million asset-based line of credit based on accounts receivable and inventory to a California-based solar installation company, which will use the financing to expand its footprint into new territories.
Republic Business Credit partnered with an Alabama-based business specializing in aerial maintenance and oversight for utility and energy companies, providing the company with a $3 million factoring solution to refinance its incumbent bank and provide additional growth capital.
Republic Business Credit provided a $2.5 million ledgered line of credit and a $250,000 call facility to a Texas-based beverage company that was searching for capital to expand its operations.
Republic Business Credit provided a $1 million traditional factoring facility to a women-owned, Los Angeles-based women’s apparel manufacturing company that sought funding to meet building demand.
Diane Wszalek, controller of Republic Business Credit, was selected as one of Secured Finance Network’s “40 Under 40” honorees.
Republic Business Credit provided a $6.75 million factoring legered line of credit facility to a women and minority-owned government contractor. The facility also includes an accordion that can expand the total funding to $10 million.
Republic Business Credit provided a $6.5 million traditional factoring facility for a designer, manufacturer and wholesaler of women’s clothes, helping the company meet the shipping needs of its spring and summer collections.
Republic Business Credit provided a $5 million factoring facility to for a Midwest supplier of pipes, valves and oil transmission products and services.