Republic Business Credit Provides $6.75MM Asset-Based Loan to Temporary Staffing Company
Republic Business Credit provided a $6.75 million asset-based loan to a temporary staffing company that outgrew its current bank lender.
Republic Business Credit provided a $6.75 million asset-based loan to a temporary staffing company that outgrew its current bank lender.
Republic Business Credit provided an $8 million asset-based loan to a California-based aftermarket automotive supplier in need of additional working capital after acquiring a competitor.
Modern Sprout, a Chicago-based garden design shop and manufacturer, secured a $5 million asset-based loan with Republic Business Credit at the close of 2023 after the firm outgrew its current lender.
Republic Business Credit financed a $9 million revolving credit facility and a $3.5 million real estate term loan for a family-owned, Illinois-based food manufacturing company.
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 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.
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.