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SELECTED TRANSACTION DETAILS
Republic Business Credit Funds $4.25MM Asset-Based Loan for Food and Beverage Manufacturer
Tuesday, August 13, 2024

Lenders/Participants Republic Business Credit [Lender]
Amount $4.250 Million
Borrower(s) Undisclosed - Food and Beverage Manufacturer
Description Republic was able to fund the deal by combining inventory availability along with a 90% advance rate on their accounts receivables. Additionally, Republic provided an in-transit advance on inventory in transit throughout the United States to help accelerate their cashflows.
Industry Food Manufacturing
Related Tags Republic Business Credit