Republic Business Credit Provides $1.5 Million Factoring Facility to Fuel Growth for Apparel Manufacturer

LOS ANGELES, Feb. 25, 2025 /PRNewswire/ -- Republic Business Credit has provided a $1,500,000 non-recourse factoring facility to a California-based apparel manufacturer, fueling the company's growth plans. The facility offers the manufacturer advances on its receivables, along with the security of credit protection and outsourced receivables management.

Republic's flexible facility empowers the manufacturing company to leverage its working capital assets effectively and invest in strategic growth initiatives to scale its operations. The company is a well-established private label producer of graphic t-shirts and apparel with an established overseas supply chain. With this added financial stability, it aims to expand its wholesale channels by growing both its private label and branded product lines within major retail markets.

Matthew Begley, Chief Operating Officer at Republic, shared, "Our commitment is to provide tailored financing solutions that empower businesses to grow and succeed. With reliable and efficient funding, we give our clients the financial flexibility to focus on what they do best: designing, producing and delivering exceptional products."

The deal was sourced through a referral from a former Republic client, highlighting Republic's strong reputation and commitment to client satisfaction throughout the client lifecycle.

"We are excited to collaborate with this innovative apparel manufacturer and contribute to its growth and success," said Jason Carmona, EVP, Western Regional Manager at Republic. "This partnership showcases the strength of our relationships and the confidence our clients place in us. Having credit protection combined with borrowing availability on its assets, the company can confidently grow its business with Republic as a trusted partner and advisor."

About Republic Business Credit

Republic Business Credit is a nationally recognized commercial finance company supporting the working capital requirements of companies nationwide, including private equity and entrepreneurial businesses. Republic provides asset-based lending, e-commerce, ledgered lines of credit, factoring and Fast AR Funding. Republic partners with its clients to provide up to $15 million in senior credit facilities to rapidly growing businesses, start-ups and companies experiencing recoverable distress. Republic is recognized by the Secured Finance Network as one of the largest finance companies in the United States of America. Republic is proud to be headquartered in New Orleans with additional offices in Chicago, Los Angeles, Houston and Atlanta. Republic is a wholly owned subsidiary of Renasant Bank. 

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SOURCE Republic Business Credit, LLC