Unnamed International Textile Importer

About Unnamed International Textile Importer

Republic Business Credit provides working capital and business credit solutions to help businesses grow, manage cash flow, and seize new opportunities. Their mission is to support businesses by offering flexible financing options and acting as a strategic partner during various stages of business development.

Products & Services

Factoring:Uses receivables to support growth by bridging the funding gap between raising an invoice and receiving customer payment.

Ledgered Line of Credit:Offers a unique borrowing base including advances for unbilled receivables, inventory, equipment, and seasonal overadvance.

Asset Based Line of Credit:Leverages inventory and equipment along with receivables for financing.

E-Commerce:Finances inventory, receivables, and merchant accounts for e-commerce businesses.

Fast A/R:Allows selective factoring of up to $500,000 of invoices.

Traditional Factoring:Combines flexible funding of non-recourse traditional factoring with credit protection for approved customers.

Specialties

Working Capital Solutions Business Credit Factoring Asset-Based Lending E-Commerce Financing

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Factoring Facility (Ledgered Line of Credit) T: - FT: Factoring Facility (Ledgered Line of Credit)	A: 6750000 MR: - FA: $6.75 million FAN: 6750000	D: 2023-04-19 FD: 2023-04-19	1 investors
2	RT: Factoring Line of Credit T: - FT: Factoring Line of Credit	A: 6750000 MR: - FA: $6.75 million FAN: 6750000	D: 2023-04-19 FD: 2023-04-19	-
3	RT: Ledgered Line of Credit (Factoring Facility) T: - FT: Ledgered Line of Credit (Factoring Facility)	A: 5000000 MR: - FA: $5 million FAN: 5000000	D: 2023-04-04 FD: 2023-04-04	2 investors
4	RT: Asset-Based Loan T: - FT: Asset-Based Loan	A: 6500000 MR: - FA: $6.5 Million FAN: 6500000	D: 2023-03-28 FD: 2023-03-28	1 investors

Factoring Facility (Ledgered Line of Credit) Latest

2023-04-19

$6.8M

1 investor (Pro only)

Factoring Line of Credit 2023-04-19

$6.8M

Ledgered Line of Credit (Factoring Facility) 2023-04-04

$5.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

S

Stewart Chesters

Chief Executive Officer

LinkedIn (Pro only)

R

Robert E. Meyers, II

President

LinkedIn (Pro only)

M

Matthew Begley

Chief Operating Officer

LinkedIn (Pro only)

D

Danika Louis

SVP, Portfolio Manager

B

Bruce Sarver

SVP, Portfolio Manager

M

Melissa Baines

Chief Risk Officer

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