Republic Business Credit provided a $3.65 million ledgered line of credit with extended customer eligibility up to 120 days, a $750,000 unbilled receivables facility and a $350,000 equipment term loan secured by equipment and real estate to a service provider to wireless carriers.
Republic Business Credit provided a $3.5 million ledgered line of credit and a $250,000 unbilled receivables facility to QX Logistix, and also partnered with Change Capital to supply a $750,000 subordinated debt facility along with a third party.
Republic Business partnered with a broker in the apparel community to provide a $750,000 non-recourse factoring facility for an apparel manufacturing company.
Republic Business Credit partnered with a West Coast private equity group to provide a $4.5 million asset-based loan with an accordion of up to $7 million to support a food manufacturer.
Republic partnered with a turnaround consulting firm to provide a $1.5 million receivables line of credit to help support a trucking firm’s growth.
Republic Business Credit expanded its business finance platform with the acquisitions of Continental Business Credit and Fast A/R Funding.
Republic Business Credit partnered with a regional bank to provide a ledgered receivables line of credit to help support a light industrial staffing agency.