Republic Business Credit Awarded Best Factoring Company 2018
December 18, 2017
December 18, 2017
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.
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.