Republic Business Credit Provides Credit Support for International Textile Importer

LOS ANGELES – Republic Business Credit is proud to announce a new factoring partnership with a leading global textile importer who sought a trusted financial partner for its growing business. After growing its relationship with several key customers, the company needed to outsource its accounts receivables collections while having the benefits of customer credit protection.

With extensive experience in the textile industry, Republic understood the client’s unique challenges and opportunities and extended a credit and collections factoring facility designed to enhance customer credit protection, while empowering company executives to focus on strategic growth initiatives.

“Our collaboration is built on trust and a mutual goal of enabling the executive team to operate with greater confidence, security and freedom knowing their sales orders are protected,” said Gammie Chung, VP Team Leader at Republic. “This comprehensive approach to credit and collections frees the team to focus on what they do best: driving innovation and exploring new markets.”

Stewart Chesters, CEO of Republic, stated “Our role is to provide intelligent working capital solutions that not only solve immediate cash flow needs but also alleviate operational burdens. This partnership is a prime example of how outsourcing the credit and collection of your receivables can be a powerful catalyst for a company’s strategic growth.”

For the company’s leadership, the impact has been immediate and profound. “By offering significant credit protection on orders from a key apparel manufacturer, Republic has given us an immense sense of comfort despite ongoing tariff and trade uncertainty,” said a company executive.  “Partnering with Republic has provided our team peace of mind and empowered our short and long-term growth.”