Republic Business Credit Provides $15MM Asset-Based Loan for Gulf Coast Food Manufacturer
Republic Business Credit (RBC) refinanced a line of credit for a third-generation, family-run food manufacturing company’s regional bank.
Republic Business Credit (RBC) refinanced a line of credit for a third-generation, family-run food manufacturing company’s regional bank.
Republic Business Credit expanded access to flexible working capital for a food and beverage (F&B) manufacturing company that found itself with insufficient support from its lender. Republic provided a $4.25 million asset-based loan that allowed the company to exceed its projections.
Based on a referral from a California CPA firm, a rapidly expanding apparel manufacturer has chosen Republic Business Credit as its preferred factoring partner. Republic provided a $3 million factoring facility, which was promptly increased to $4 million.
We asked our readers to nominate the best companies in specialty finance, and we received many remarkable nominations! In this issue, we honor — and take notes from — the best companies in the industry when it comes to DE&I, Industry Advocacy, Innovation, Leadership, and Professional Development.
Promoting strong leadership is a shared mission across Republic Business Credit (RBC), a commercial finance company supporting the working capital requirements of companies across the United States. As a wholly owned subsidiary of Renasant Bank, the RBC team has “no shortage of incredible leadership examples throughout our organization,” Stewart Chesters, CEO of the company, says. “We are grateful for this partnership because both companies came to the table with a similar ethos that made this merger so successful.”
As part of its 2024 growth strategy, Republic Business Credit added Tuyet-Van T. Nguyen to its New Orleans team as senior vice president, head of field examination and governance. She will lead all third-party and internal field examination activities across the commercial finance portfolio.
Republic Business Credit is expanding its Houston office to support its regional leader and senior vice president, business development in Houston, William Kemp. Ayesha Tariq and Chance Chadwick joined the Houston team as business development associates, reporting to Kemp.
Republic Business Credit added Nisha Pujji to its west coast office, adding to a team known for its ABL, e-commerce and apparel factoring expertise.
Republic Business Credit continued its national growth trajectory with the addition of Katherine Hebert Seghers as vice president, senior accountant and Danielle Wright-Madison as vice president, underwriting.
Republic Business Credit hired Brian Resutek as senior vice president and Southeast regional manager. Resutek has nearly two decades of experience in factoring, commercial finance, banking and business development.