Republic Business Credit Provides $5 Million Ledgered Line of Credit for Oil Field Service Distributor

Posted on August 9, 2023

New Orleans, LA – When the COVID-19 pandemic slowed sales and disrupted supply chains for a Midwest supplier of pipes, valves and oil transmission products and services, the company and its private equity partner needed a flexible solution. Republic Business Credit provided a $5 million factoring facility with options to offer the best fit. The […]

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 […]