Posted on December 18, 2017
Republic recognized by FactoringClub as Best Factoring Company in their inaugural award for 2018.
NEW ORLEANS (PRWEB) DECEMBER 14, 2017 – Republic Business Credit is proud to be the inaugural winner of the FactoringClub’s “2018 Best Factoring Company.” Republic was selected to receive this award out of over one hundred factoring companies across the United States and Canada based on its high level of Customer Service, Terms & Features and Overall Excellence.
Republic Business Credit provides Asset Based Loans & Factoring facilities to companies with typical revenues ranging from $2,000,000 to $100,000,000 that need facilities up to $10,000,000. Republic offers both a Recourse and Non-Recourse receivables purchase line of credit to support entrepreneurs experiencing high growth, investing in their businesses or periods of recoverable distress.
“Republic Business Credit differentiated itself among over 100 factoring companies,” says Rick Hultz, President of FactoringClub. “They clearly focus on developing, training and empowering their team to deliver first-class service levels across the client facing experience.”
“Thriving companies occasionally require a solution to assist their immediate growth oriented cash flow shortfalls, prior to approval by commercial banks,” said Robert Meyers, President of Republic. “Republic is proud to provide client focused solutions that bridge cash flow gaps for growing companies, without long and punitive contracts, enabling entrepreneurs to create jobs across the country. We are excited and proud to receive such recognition from an industry leading and client focused organization such as the FactoringClub.”
Republic Business Credit partners with banks to collaboratively support entrepreneurs across the United States, to create value, by enabling them to focus on growing successful businesses.
BACKGROUND
About FactoringClub
FactoringClub is the most comprehensive client facing directory of factoring companies in the United States and Canada. With over 100 factoring companies, FactoringClub features many of the best companies in the industry. This year’s best factoring companies were awarded based on the following criteria:
Terms and Features • Customer Service • Overall Excellence
About Republic Business Credit
Republic Business Credit provides flexible working capital solutions to help rapidly growing businesses, start-ups, and companies in turnaround or recoverable distressed situations that need facilities of up to $10,000,000. Winner of the 2015 Emerging Growth Company of the Year award from the Louisiana Chapter of the Association of Corporate Growth, the Republic Business Credit team has the expertise necessary to meet the nuanced financial needs of companies across a wide variety of industries. It provides factoring and asset-based facilities, including ABL, receivables purchase lines of credit, inventory, equipment, and purchase order lines. Since its founding in 2011, Republic Business Credit has provided over $3 billion in fast, flexible working capital.
The company is led by Stewart Chesters, a British transplant to New Orleans who has managed commercial finance companies on both sides of the Atlantic and Robert Meyers, a national sales and marketing leader, and recipient of the Commercial Finance Association’s ‘40 under 40’ award.
Posted on December 11, 2017
Eric Dorner and William Kemp recognized by Turnaround Management Association for their contributions to the industry in 2017
Chicago, IL (PRWEB) DECEMBER 11, 2017 – Republic Business Credit is proud to announce that two of its Business Development Officers were recognized for their significant contributions to the Turnaround Management Association’s “TMA” Midwest/Chicago Chapter. The awards were handed out at 9th Annual Executive Speaker Forum featuring the former Prime Minister of the United Kingdom, David Cameron.
Eric Dorner, VP of Business Development, was awarded the inaugural “Rainmaker of the Year” for his introductions, referrals and successful relationship focused approach. Eric is based out of the Chicago office for Republic Business Credit and was the Co-Chair of its Breakfast Committee.
William Kemp, VP of Business Development, was awarded the “Emerging Leader” award for his contributions to the Midwest Chapter. William Kemp was recognized for his contributions as Co-Chair of the Communication committee that led significant improvements to its social media strategy. William Kemp recently relocated to Houston for Republic Business Credit after many years in Chicago.
“It was an exciting event for business leaders in Chicago with over 550 attendees that featured two of our rising stars at Republic,” said Robert Meyers, President of Republic. “To have two key members of our team recognized for their industry contributions was a proud moment for our whole business. We have an empowered culture at Republic and that encourages strong connections with the local business community. We focus on being solutions led business and pleased it was recognized by our peers in the TMA.”
Republic Business Credit partners with intermediaries and lower middle market focused professionals to collaboratively support entrepreneurs across the United States. Republic focuses on creating value and sustainability by enabling them to focus on growing successful businesses.
BACKGROUND
About the Turnaround Management Association
TMA members are a professional community that seeks to strengthen the global economy by working to save distressed businesses, assist management to navigate off-plan events, and help healthy companies avoid similar pitfalls.
About Republic Business Credit
Republic Business Credit provides flexible working capital solutions to help rapidly growing businesses, start-ups, and companies in turnaround or recoverable distressed situations that need facilities of up to $10,000,000. Winner of the 2015 Emerging Growth Company of the Year award from the Louisiana Chapter of the Association of Corporate Growth, the Republic Business Credit team has the expertise necessary to meet the nuanced financial needs of companies across a wide variety of industries. It provides factoring and asset-based facilities, including ABL, receivables purchase lines of credit, inventory, equipment, and purchase order lines. Since its founding in 2011, Republic Business Credit has provided over $3 billion in fast, flexible working capital.
The company is led by Stewart Chesters, a British transplant to New Orleans who has managed commercial finance companies on both sides of the Atlantic and Robert Meyers, a national sales and marketing leader, and recipient of the Commercial Finance Association’s ‘40 under 40’ award.
Interested parties may contact Joanne Chesters at 504.262.8624 or email jochesters@republicbc.com.
Posted on December 5, 2017
Republic receives recognition for its work with the New Orleans based charity Son of a Saint.
NEW ORLEANS (PRWEB) DECEMBER 05, 2017 – Son of a Saint Organization, a New Orleans based charity, recognized Republic Business Credit during its Fifth Annual Gala as one of the Sponsors of the Year.
Son of a Saint’s mission is to support boys through mentorship, education, recreation, camaraderie, cultural enrichment, emotional support and help to fill the void for dozens of fatherless young men in New Orleans.
New Orleans headquartered Republic Business Credit has been a long supporter of Son of a Saint. Republic has sponsored activities with the organization as well as programs such as paid internships during the summer of 2017 for three young men from the Son of a Saint organization. The internship included interviews and full work experience for the mentees.
“From the commencement of the interviews through their entire time with us, the young men of Son of a Saint were great examples of the benefits of an organization such as Son of a Saint,” said Stewart Chesters, Chief Executive Officer of Republic. “They interviewed strongly, had a great work ethic and I personally loved their desire to learn and interact. They were all not only excellent advocates of the organization, but were also for themselves, as very professional young men.”
“It energized our whole team having the boys work with us, while providing them with the insight into working in the financial services industry,” said Danika Louis, Portfolio Manager of Republic. “Our whole team enjoyed having them onboard and this strengthened our resolve to continue to support the work and objectives of Sonny Lee and his team at Son of the Saint.”
“The level of sponsorship we’ve received throughout 2017 has been next-level, and that support has elevated our program to new heights,” said Bivian “Sonny” Lee III, Founder and President of Son of a Saint. “We’re proud to present our 2017 Sponsor of the Year Award to Republic Business Credit, and to acknowledge its generosity, loyalty and unwavering commitment to champion our mission and help our boys. We’re deeply grateful.”
BACKGROUND
About Son of a Saint
Son of a Saint launched in 2011 to address the burgeoning problem of fatherless boys in the New Orleans area. Under the direction of Bivian “Sonny” Lee, the 501(c)(3) organization is dedicated to its mission of enhancing the lives young males through mentorship, emotional support, development of life skills, exposure to constructive experiences and formation of positive, lasting peer-to-peer relationships. For more information or to get involved, click here.
About Republic Business Credit
Republic Business Credit provides flexible working capital solutions to help rapidly growing businesses, start-ups, and companies in turnaround or recoverable distressed situations. Winner of the 2015 Emerging Growth Company of the Year award from the Louisiana Chapter of the Association of Corporate Growth, the Republic Business Credit team has the expertise necessary to meet the nuanced financial needs of companies across a wide variety of industries. It provides factoring and asset-based facilities, including ABL, receivables purchase lines of credit, inventory, equipment, and purchase order lines. Since its founding in 2011, Republic Business Credit has provided over $2.5 billion in fast, flexible working capital.
The company is led by Stewart Chesters, a British transplant to New Orleans who has managed commercial finance companies on both sides of the Atlantic and Robert Meyers, a new business leader in the Midwest and West Coast Regions.
Republic provides paid internships as part of its commitment to being a fair wage employer.
Posted on June 8, 2017
Republic refinances the client facility of a Gulf Coast regional bank while providing additional liquidity and retaining Treasury Management Services with referring bank (more…)
Posted on November 2, 2016
As a further investment in its substantial Midwestern presence, Republic Business Credit hires Chicago-based Harris, a highly experienced commercial finance professional. (more…)
Posted on April 5, 2016
To support its growing Midwestern presence, Republic Business Credit hires Chicago-based Dorner, an experienced commercial finance professional. (more…)
