Republic Business Credit Provides $4.5M Asset-Based Loan to Organic Clothing Manufacturer
- Editor
- Feb 5
- 2 min read
What's Happening: Republic Business Credit has closed a $4.5 million asset-based loan to an organic clothing manufacturer in Los Angeles. The loan refinances an existing private credit fund loan and provides working capital to meet growing demand for the company's sustainable apparel offerings in 2025.
The Key Moves:
Republic structured the loan to accommodate the manufacturer's seasonal inventory needs for wholesale and e-commerce.
The facility provides capital to purchase materials ahead of peak selling seasons for timely delivery to retail partners.
The loan is secured by accounts receivables, inventory, and e-commerce proceeds, offering more availability than the previous lender.
By The Numbers :
Republic provided a $4.5 million asset-based loan to the Los Angeles-based manufacturer.
The apparel industry represents 35% of Republic's lending portfolio.
Republic can provide up to $15 million in senior credit facilities to businesses.
Key Quotes:
"Our commitment to understanding our clients' business models allows us to craft customized solutions that support their needs whether its ABL or factoring," said Tae Chung, SVP Business Development Officer at Republic.
"Republic's deep expertise in the apparel sector allowed its team to structure a deal that aligns with our seasonal needs," stated a company executive.
"This financing provides the Los Angeles-based manufacturer with the financial flexibility needed to capitalize on a huge market opportunity while maintaining its commitment to sustainable practices," explained Tae Chung.
The Bottom Line: Republic Business Credit's $4.5 million asset-based loan to an organic clothing manufacturer demonstrates the lender's expertise in the apparel industry and commitment to supporting sustainable businesses. The deal highlights Republic's ability to provide tailored financial solutions that address seasonal needs and support growth in the eco-friendly clothing sector.
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