Manufacturing
Republic is a proud supporter of US-based manufacturers across the automotive, aerospace, textile, furniture, electronics, adhesive, machine, construction, metal, equipment, and entire durable goods industry.
Republic provides working capital primarily through accounts receivables and inventory. Republic can also look at term loans to refinance existing equipment and capital expenditure “Capex” facilities to acquire new equipment.
CASE STUDY
Republic provided a $3,000,000 facility for a Midwest-based manufacturing company. The manufacturing company was founded more than 50 years ago and provided irreplaceable jobs throughout the community. The company turned the corner while strategically positioning itself for growth in 2019.
The company needed a funding partner that understood its immediate cash flow needs as well as the capability to offer equipment term loans and a seasonal overadvance component as new customers were onboarded.
Read the full press release here
CASE STUDY
Republic provided a $3,500,000 ledgered line of credit for a gulf coast based fabrication and thermal maintenance customer.