With traditional work routines reexamined and overhauled due to the COVID-19 global pandemic, employers around the world need help from temporary staffing agencies to fill gaps in their workforce and delivery systems. Republic Business Credit was...
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July 11, 2022, 08:00 AM
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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...
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November 02, 2021, 07:28 AM
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When a Los Angeles apparel manufacturing and import company sought funding for their fall and winter orders, they chose Republic Business Credit to fuel their growth. Republic approved a scalable traditional factoring facility to support their...
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October 08, 2021, 07:00 AM
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When a portfolio company of ClearLight Partners, Paul Fredrick, sought to refinance its existing bank facility, they partnered with Republic Business Credit. Republic provided a scalable, flexible and growth orientated facility with full...
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January 28, 2021, 07:00 AM
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Republic Business Credit refinanced a Midwestern automotive and industrial supplier to facilitate future acquisitions. Republic Business Credit provided a $3,750,000 ledgered line of credit facility secured by accounts receivables and inventory that...
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November 19, 2020, 07:45 AM
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When a West Coast privately owned digital print and marketing solutions company sought funding for their future business plans, they partnered with Republic Business Credit. The company brought on Republic as their first senior debt provider to...
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October 01, 2020, 08:30 AM
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Fast AR Funding, the selective factoring product for Republic Business Credit, provided $200,000 in A/R financing to a healthcare staffing firm.When the UK headquartered temporary healthcare staffing provider decided to open operations in the US...
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September 29, 2020, 08:00 AM
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Republic Business Credit partnered with a private equity fund to refinance their existing bank facility and provide more availability on their inventory. When a private equity owned west coast apparel accessory manufacturer needed more availability...
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September 15, 2020, 09:00 AM
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When a West Coast privately owned apparel manufacturer sought funding for their 2020 summer orders, they choose Republic Business Credit to finance their supplier payments. Republic approved a flexible, scalable and growth orientated facility to...
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June 05, 2020, 09:00 AM
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Republic Business Credit is proud to announce the hiring of Tae Chung as Senior Vice President of Business Development in its Los Angeles office. Tae will significantly increase our presence in the California traditional factoring market, further...
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June 04, 2020, 09:00 AM
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Republic Business Credit partnered with the Management Team of a furniture manufacturer to refinance their existing bank facility and provide additional availability. The West Coast family owned furniture manufacturer needed more availability and...
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June 02, 2020, 09:10 AM
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Republic Business Credit partnered with an industry expert to provide a scalable Asset-Based Loan for a plant-based products company.When Republic Business Credit’s Jason Carmona, EVP, met with a natural food manufacturer at the Natural Expo West in...
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March 25, 2020, 09:00 AM
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When a portfolio company of a Midwest based private equity group began underperforming, they chose a partner that combined both the industry expertise and wherewithal to provide a complex working capital solution by connecting with Republic Business...
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March 23, 2020, 09:10 AM
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When the Azadian Group needed a senior debt partner to help restructure the balance sheet of QX Logistix, they chose a longtime friend and partner in Republic Business Credit. In addition, Republic Business Credit providing a $3,500,000 Ledgered Line...
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March 20, 2020, 09:15 AM
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When an apparel manufacturer sought growth in 2020, they were recommended by a known expert in non-recourse factoring in the California apparel market the vote of confidence to utilize Republic Business Credit’s growing platform of solutions. Since...
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March 18, 2020, 09:10 AM
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When a temporary staffing and consulting firm began to outgrow their existing line of credit, they sought out Republic Business Credit to provide a larger facility and a higher advance rate to keep up with their escalating payroll needs. Republic...
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July 19, 2019, 08:00 AM
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When a rapidly growing small business was declined by the Export-Import Bank of the United States, they leveraged Republic Business Credit’s export expertise to fund their cash flow. Republic was founded by Stewart Chesters, who emigrated from the...
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July 11, 2019, 08:00 AM
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Republic Business Credit partnered with a leading turnaround consulting firm to support a 28-year-old commercial printing company that was being managed by a bank special assets group. Republic agreed to an inter-creditor with the incumbent lender...
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June 20, 2019, 09:00 AM
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Republic Business Credit Provided a $6 million facility to West Coast private equity owned government contractor.
When a sponsor-owned government contractor needed additional liquidity during the longest government shutdown in United States history...
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February 28, 2019, 09:00 AM
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Republic Business Credit leapt into the technology forward experiential marketing realm by partnering with an award winning millennial founder that has achieved tremendous success partnering with Fortune 500 companies. The company combines...
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February 11, 2019, 07:00 AM
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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....
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February 06, 2019, 08:00 AM
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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...
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February 01, 2019, 09:00 AM
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Republic Business Credit announced it hired Joseph Zupo as Underwriting Manager in its New Orleans office. This appointment adds significant experience, depth and knowledge in Asset Based Lending as the company continues to expands its national...
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November 02, 2018, 08:00 AM
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Republic Business Credit increased the borrowing ability while lowering costs for a rapidly growing staffing firm experiencing nearly triple digit growth. When a consultant sought to free its Midwestern based client from an expensive financing...
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October 30, 2018, 08:00 AM
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When a New York based investment bank referred over a recently closed buy-side engagement, Republic Business Credit provided a non-recourse facility to help the company realize its quadrupling revenue growth strategy over the next 12 months. The...
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October 29, 2018, 07:00 AM
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When a Gulf Coast community bank referred over an underperforming line of credit, Republic Business Credit replaced their facility while partnering with the bank to retain the treasury management services. The client sought new recovery capital and a...
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October 24, 2018, 07:00 AM
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Republic Business Credit announced it hired Heather Rachel as VP, Business Development in Minneapolis. This appointment further expands Republic’s Midwestern presence as the company expands its national footprint to provide dynamic working capital...
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June 07, 2018, 07:00 AM
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When an international factoring company was unable to keep up with their clients ongoing growth projections, Republic Business Credit replaced their higher cost facility with a ledgered receivables line of credit. The consumer goods manufacturer...
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May 08, 2018, 07:00 AM
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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 equipment and real estate. The client sought new...
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May 04, 2018, 07:00 AM
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Republic Business Credit announced that William Kemp has been promoted to Vice President of Business Development in its Houston Office. Kemp will join Republic’s market leader, Candice Hubert, longtime SVP of Business Development. William actively...
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March 20, 2018, 08:00 AM
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Republic Business Credit announced that two of its Business Development Officers were recognized for their significant contributions to the Turnaround Management Association’s “TMA” Midwest/Chicago Chapter. The awards were handed out at 9th Annual...
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December 12, 2017, 08:00 AM
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Republic Business Credit provided a $4 million receivables purchase line of credit to an unidentified staffing business.
When a large money center bank was unable to approve a sufficient line of credit, the lender tasked Republic Business Credit to...
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June 13, 2017, 07:00 AM
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When a Gulf Coast Regional Bank sought an amicable exit, for a long-term fabrication and thermal maintenance customer, they called New Orleans headquartered Republic Business Credit to alleviate their special assets client, due to previous successful...
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June 08, 2017, 08:00 AM
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Republic Business Credit has provided a $5 million credit facility to a Texas-based workforce services provider.
When a Texas bank required additional years in business before approving a line of credit, they approached Republic Business Credit to...
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June 01, 2017, 08:00 AM
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Republic Business Credit, a commercial finance company specializing in working capital loans up to $10 million to lower and middle-market companies, announced it has been awarded the Emerging Growth Company of the Year award from the Louisiana...
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April 09, 2015, 07:31 AM
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Republic Business Credit announced today that it has provided a $3.5 million accounts receivable facility to a fast growing Midwest based temporary staffing business specializing in the automotive sector. The business was previously constrained by...
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August 26, 2014, 07:34 AM
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Republic Business Credit announced it is supporting a Southwest based energy sector fabrication and repair service business with a $4 million accounts receivable facility to foster the company’s continuing growth.The business had a long term banking...
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August 20, 2014, 07:14 AM
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Republic Business Credit announced it provided a $2.5 million working capital facility to a growing Southeastern energy sector technical and engineering services business. The business was looking at many opportunities to expand its services and was...
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August 12, 2014, 07:26 AM
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Republic Business Credit announces that an additional $15 million in equity financing has been obtained from its existing group of institutional investors. “We are excited to have completed this additional financing which confirms the confidence and...
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September 04, 2013, 07:47 AM
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Republic Business Credit announced the acquisition of the receivables finance and factoring clients of Greystone Commercial Services based in Dallas.“Today’s announcement is a reflection of Republic Business Credit’s growth strategy and our...
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July 31, 2013, 07:53 AM
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Republic Business Credit announced today it provided a $7.5 million receivables and inventory line of credit facility to a Georgia based pharmaceuticals distribution business.
The business has grown in recent years and desired to continue its...
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May 20, 2013, 07:57 AM
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Republic Business Credit announced it provided a $4 million working capital facility to a growing Gulf Coast based oil field service contractor.The business was looking at many opportunities to expand their services and was being restricted by their...
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May 17, 2013, 08:07 AM
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Republic Business Credit announced it provided a $2.5 million facility to a growing Houston-based food processor.The business needed financing on a broad asset base to support its comprehensive growth plans.
Republic worked with its existing...
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January 31, 2013, 08:07 AM
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A recent press release notes Republic Business Credit is celebrating the second anniversary of its foundation. With over $20 million of new client facilities closed in the final quarter of 2012, Republic Business Credit is also marking its...
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January 30, 2013, 02:46 PM
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