The Asset-Based Lending Division of Renasant Bank announced three recent fundings, totaling $63 million. These new Asset-Based Lines of Credit include an $8 million facility for a modular building manufacturer, a $15 million line for a staffing company, and a facility increase from $25 million to $40 million for a provider of capital solutions to lenders.  All of these companies are based in the Southeast.

"At Renasant Bank, we are committed to helping businesses thrive by providing tailored financing solutions that unlock their full potential," said Pat Trammell, EVP of Asset Based Lending. "These new closings reflect our ability to support a diverse range of industries and provide critical working capital to fuel growth and success."