Articles celebrating our team and clients that joined the Republic Business Credit family, along with our various contributions to our industry and other trade magazines. These are the proof that we deliver on our promises to our clients with speed, responsiveness and flexibility.
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NEW ORLEANS – Republic Business Credit is proud to announce the hiring of Chris Costello as SVP, Underwriter. Costello will join Republic’s New Orleans office, reporting directly to the Head of Underwriting, Brian Daray. Costello is a seasoned professional with extensive experience in Asset Based Lending (ABL), bringing a wealth of credit, portfolio and transaction expertise […]
LOS ANGELES – Republic Business Credit closed out a dynamic 2024 with a time-sensitive $4,500,000 asset-based loan to an innovative organic clothing manufacturer located in Los Angeles, California. Republic refinanced an existing loan from a private credit fund that decided to focus on larger corporate transactions through its direct lending model. Republic’s lending solution has empowered […]
NEW ORLEANS – Republic Business Credit proudly announces the promotion of Bruce Sarver to Senior Vice President, Portfolio Manager of its Asset-Based Lending (ABL) Team. This promotion underscores Republic’s commitment to expanding its ABL portfolio and strengthening its position as a market leader in the middle and lower middle-market sectors. Bruce Sarver will report directly to Republic’s Chief […]
NEW ORLEANS – Republic Business Credit worked through the winter holiday season to fund a $750,000 factoring facility for a Northeast business consulting agency, which specializes in helping technology companies optimize revenue and operational efficiency. The founder of the company said, “We needed to fund our largest payroll within a week and had to do […]
NEW ORLEANS – Republic Business Credit continues its commitment to the natural products industry by providing a $1.5 million asset-based loan credit facility to a leading manufacturer of bath, shower and all-natural aromatherapy solutions. The company was seeking a trusted financial partner to support the expansion of its ecommerce and online consumer sales strategy. The […]
NEW ORLEANS – Republic Business Credit is proud to announce that Leigh Guglielmo, SVP, has been elected President of the Turnaround Management Association’s Louisiana chapter. Guglielmo will serve a one-year term during which she will advance the chapter’s mission to provide networking and education opportunities to professionals in the restructuring, bankruptcy and finance industries. “I’m […]
LOS ANGELES – A Mississippi-based mattress manufacturer partnered with Republic Business Credit to expand into major retailers across the country. Republic was introduced to the company by Renasant Bank’s Tupelo commercial banking team. The Renasant team knew Republic was the right lender because of the manufacturer’s high growth potential and Republic’s deep expertise in both […]
ATLANTA – An experienced temporary staffing management team was searching for a factoring company for their latest entrepreneurial venture, seeking a trusted local financial partner that understood the temporary staffing industry. The company initially reached out to the Buckhead branch of Renasant Bank, which provides its treasury services. Republic Business Credit, a wholly owned subsidiary of […]
NEW ORLEANS – A New York-based apparel company has partnered with Republic Business Credit to secure a non-recourse factoring solution, allowing the company to extend payment terms to its customers without assuming additional financial risk. This partnership will enable the company to meet recent, growing demand for its products and solidify customer relationships to support long-term growth […]
LOS ANGELES – Fueled by a demand for its innovative automated handling solutions, a national manufacturer has partnered with Republic Business Credit to secure a $4,000,000 recourse factoring facility. Republic partnered with an independent private equity sponsor to complete the corporate divestiture of one orphan division that was primed for growth with the right partner. Republic […]
NEW ORLEANS – Finding the right financial partner is critical for every company but especially for start-ups, which is why an East Coast temporary staffing firm sought out an industry expert in Republic Business Credit. By partnering with Republic, the temporary staffing company was able to unlock the necessary working capital to meet all its payroll […]
CHICAGO – An outdoor apparel manufacturer approached Republic Business Credit for an asset-based loan when its existing senior lender could no longer support the company’s accelerated growth. Republic was able to provide a $15,000,000 asset-based loan and partnered with Change Capital to secure an additional $2,000,000 junior debt facility. The combined financing enabled the company […]
