Republic Business Credit Provides $1.5 Million Factoring Facility to Fuel Growth for Apparel Manufacturer
- Editor
- Feb 25
- 1 min read
Whats Happening:
Republic Business Credit has provided a $1.5 million non-recourse factoring facility to a California-based apparel manufacturer. This facility offers advances on receivables, credit protection, and outsourced receivables management, enabling the manufacturer to leverage its working capital assets and invest in strategic growth initiatives.
Key Moves:
Republic provides $1.5M factoring facility to California apparel manufacturer
Facility includes advances on receivables, credit protection, and outsourced management
Manufacturer aims to expand wholesale channels and grow product lines
By The Numbers:
$1.5 million non-recourse factoring facility provided
Republic offers up to $15 million in senior credit facilities
Republic has offices in 5 major U.S. cities
Key Quotes:
"Our commitment is to provide tailored financing solutions that empower businesses to grow and succeed." - Matthew Begley, COO at Republic
"This partnership showcases the strength of our relationships and the confidence our clients place in us." - Jason Carmona, EVP, Western Regional Manager at Republic
Bottom Line:
Republic Business Credit's $1.5 million factoring facility demonstrates its commitment to supporting growth in the apparel manufacturing sector. By providing flexible financing solutions, Republic enables its client to focus on expanding product lines and wholesale channels, potentially driving significant growth in the industry.
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