Republic Business Credit Provides $6.75MM Factoring Facility to Minority-Owned Contractor

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.

April 18, 2023 Leigh Guglielmo | Republic Business Credit | Robert Meyers | Stewart Chesters Ian Koplin

Republic Business Credit Provides $6.5MM Factoring Facility to Women’s Apparel Company

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.

April 12, 2023 Jason Carmona | Republic Business Credit | Robert Meyers | Tae Chung Ian Koplin

Republic Business Credit Provides $5MM Legered Line of Credit to Oil Field Service Distributor

Republic Business Credit provided a $5 million factoring facility to for a Midwest supplier of pipes, valves and oil transmission products and services.

April 4, 2023 Republic Business Credit | Robert Meyers | Stewart Chesters Ian Koplin

Republic Business Credit Provides $6.5MM ABL to Food Manufacturing Company

Republic Business Credit extended a $6.5 million asset-based loan to a Gulf Cost-based, second-generation food manufacturing company that needed more support during seasonal growth periods.

March 28, 2023 Leigh Guglielmo | Republic Business Credit | Robert Meyers | Stewart Chesters Markiesha Thompson

California Disclosure Laws Cause 40% of Lenders to Avoid Smaller Deals

According to the Secured Finance Network, since new California disclosure rules were implemented in December 2022, 40% of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold of less than $500,000.

March 22, 2023 Celtic Capital | Mark Hafner | Republic Business Credit | Richard D. Gumbrecht | Robert Meyers | Secured Finance Network Ian Koplin

Republic Business Credit Provides $1.5MM to Women’s Apparel Company

Republic Business Credit provided a distributor of women’s apparel with a $1.5 million traditional factoring facility with credit protection and extended customer payment terms.

March 17, 2023 Republic Business Credit | Robert Meyers Ian Koplin

Renasant Bank Acquires Republic Business Credit

Renasant Corporation and its wholly-owned subsidiary, Renasant Bank, acquired Republic Business Credit in an all-cash transaction. RBC is a commercial finance company with average earning assets in excess of $100 million.

January 4, 2023 Hovde Group | Krieg Devault | Matthew Begley | Mitch Waycaster | Phelps Dunbar | Raymond James & Associates | Renasant Bank | Renasant Corporation | Republic Business Credit | Robert Meyers | Stewart Chesters Ian Koplin

Republic Business Credit Provides $4.5MM Line of Credit to Outdoor Products Company

Republic Business Credit provided a $4.5 million ledgered line of credit facility secured by accounts receivables, inventory and equipment to a Midwest-based manufacturer of outdoor products. 

July 26, 2022 Republic Business Credit | Robert Meyers | Stewart Chesters Ian Koplin

Republic Business Credit Provides $5MM ABL to Confectionary Manufacturer

Republic Business Credit provided a $5 million direct-to-consumer asset-based loan to a national confectionary manufacturer that goes to market through an omnichannel approach.

July 25, 2022 Jason Carmona | Republic Business Credit | Robert Meyers Ian Koplin

Republic Business Credit Provides $3.5MM ABL Facility to Oil Field Services Company

Republic Business Credit provided a $3.5 million asset-based loan facility secured by accounts receivables, inventory and equipment that refinanced the oil field services company’s incumbent bank lender while providing significantly more borrowing base liquidity at closing.

July 14, 2022 Republic Business Credit | Robert Meyers | Stewart Chesters Ian Koplin