Republic Business Credit has hired Thomas Harris as Senior Vice President of Business Development. As the new business team continues to expand this appointment adds depth and strength to the already cemented Midwestern presence supporting Republic’s ability to provide cash flow solutions throughout the U.S. Harris marks the fourth Midwestern based hire this year.
The New Orleans-headquartered Republic Business Credit provides working capital solutions for companies that are experiencing high-growth or recoverable distress. Based in Chicago, Harris will drive new relationships for Republic in the Midwestern region and support businesses that need cash flow funding ranging from $250,000 to $10 million.
“Tom is a highly experienced professional with substantive relationships throughout the Chicagoland and Midwestern marketplace,” said Robert Meyers, Chief Commercial Officer, Republic Business Credit. “Tom brings strong credit, underwriting and sales leadership skills within the vertical markets of factoring, asset based lending, consulting, equipment leasing and banking. He is a great addition to our team and his efforts will support our continuing growth.”
Harris previously worked as a Director of Underwriting and Regional Sales Executive with a national factoring company.
“As a 20-year commercial lending and financing professional, Tom delivers to the Midwest market an array of sales and marketing, relationship management, credit and operational experience.,” said Stewart Chesters, Chief Executive Officer, Republic Business Credit. “I know he will continue to build his reputation as one of the leading commercial finance professionals in the Midwest.”
Republic Business Credit provides flexible working capital solutions to help rapidly growing businesses, start-ups, and companies in turnaround or recoverable distressed situations. Winner of the 2015 Emerging Growth Company of the Year award from the Louisiana Chapter of the Association of Corporate Growth, the Republic Business Credit team has the expertise necessary to meet the nuanced financial needs of companies across a wide variety of industries. It provides factoring and asset-based facilities, including ABL, receivables purchase lines of credit, inventory, equipment, and purchase order lines. Since its founding in 2011, Republic Business Credit has provided over $2 billion in fast, flexible working capital.