Similar to our Invoice Finance facilities, a Ledgered Line of Credit blends the clarity of purpose and the flexibility you require to focus on growing your business, but does not require any notification of your customers.

We combine the necessary flexibility and the quick responses to replace a traditional line of credit. Similar to a line of credit, it provides advances against your outstanding receivables. Typically, a ledgered line of credit will provide greater borrowing ability than a traditional line of credit, as it increases along with the growth of your business. You choose the amount you draw based on your daily needs to manage suppliers, employees or chase new business opportunities.

Pricing is transparent and very straight-forward. Republic Business Credit is happy to provide a few different options such as combining a service fee or collateral management fee on the receivables and with an annualized prime-based rate on advanced amount only. Additionally, we have no hidden fees or lockbox fees. Our Ledgered Line of Credit facilities are designed for established business with an annual volume of $10 million to $100 million.