Republic Business Credit Provides $6.5 Million Asset-Based Loan for Food Manufacturing Company
Posted on August 9, 2023
New Orleans, LA – When a Gulf Coast-based second-generation food manufacturing company needed more support during seasonal growth periods, the company’s commercial banker sought a better partner for a line of credit that would allow the referring banker to maintain treasury management. Republic Business Credit stepped up to provide a $6.5 million asset-based loan with […]
Republic Business Credit Provides $5 Million Direct to Consumer Asset-Based Loan to Retail Confectionary Manufacturer
Posted on September 7, 2022
Los Angeles, CA – When a portfolio company of a California-based private equity firm sought to refinance and upsize its existing asset-based lending facility, the company partnered with Republic Business Credit. Republic provided a scalable, flexible, and growth-orientated $5 million credit facility with full availability on retail inventory, wholesale inventory, merchant accounts, and direct-to-consumer proceeds. […]
Republic Business Credit Provides $3.5 Million Asset-Based Loan for Oil Field Services Company
Posted on September 7, 2022
New Orleans, LA – When a Gulf Coast-based, private equity-owned oil field services company chose to refinance its bank line of credit, its leaders tapped the oil field expertise of Republic Business Credit. The oil field company nearly sought Chapter 11 bankruptcy protection during the recent energy downturn; its private equity partner committed to the […]
Republic Business Credit Provides $8 Million Direct to Consumer Asset-Based Loan to Spiraledge
Posted on July 11, 2022
New Orleans, LA – When a California-based internet retailer and software company sought to refinance its existing bank facility, it chose Republic Business Credit. Spiraledge, a leading internet retailer and healthy living company headquartered in Campbell, Calif., with offices in Cincinnati, Ohio, and Ho Chi Minh, Vietnam, sought a partner to leverage its internet retail […]
Republic Provides a $3 million Asset Based Loan for a Manufacturing Company
Posted on June 16, 2022
New Orleans, LA When a Midwest based private equity owned promotional products manufacturer was getting back to business following the pandemic, their regional bank wanted to limit their access to working capital. Despite returning to profitability this year and a committed gulf region based private equity sponsor, they partnered Republic Business Credit to refinance their […]
Republic Provides a $3.0 million Facility to Wisconsin Based Manufacturing Company
Posted on February 11, 2019
CHICAGO (PRWEB) FEBRUARY 06, 2019 Republic Business Credit supported a second generation family manufacturing business to refinance away from a restrictive non-bank asset based lender that was unwilling to support the turnaround management efforts of the recently appointed CFO. The CFO reached out to Republic, as he previously had success with Republic’s ownership team with […]
Meyers Named President of the Chicago/Midwest Chapter of the TMA
Posted on February 11, 2019
CHICAGO (PRWEB) FEBRUARY 04, 2019 Republic Business Credit is proud to confirm that Robert Meyers will act as the 2019 President of the Chicago/Midwest Chapter of the Turnaround Management Association as it enters its 28th year. The Chicago/Midwest Chapter of The Turnaround Management Association is one of the largest, fastest-growing chapters of the only international […]
Republic Business Credit Deploys $3.0 Million Growth Facility for Technology Enabled Staffing Firm
Posted on February 11, 2019
NEW ORLEANS (PRWEB) FEBRUARY 01, 2019 When a California based Investment Bank needed more than a factoring solution for its Ohio based technology enabled temporary staffing client, they tasked Republic Business Credit with paying off the commercial bank and supporting future payroll funding needs. Republic structured an expandable receivables funding facility along with an unbilled […]
Republic Provides a $5 Million facility to Energy Workforce Services Provider
Posted on May 14, 2018
Republic provides recovery capital and additional liquidity alongside a Gulf Coast regional bank to Louisiana based business. NEW ORLEANS (PRWEB) MAY 03, 2018 – When a Gulf Coast regional bank referred over a underperforming line of credit, Republic Business Credit replaced their facility while partnering with the bank to offer a new term loan secured by […]