Republic Business Credit

201 St. Charles Ave., New Orleans, LA
Republic Business Credit is a New Orleans, LA factoring company.
Eric Dorner of Republic Business Capital
Eric Dorner
VP Sales

Eric Dorner

VP Sales

Representing the Midwest region for Republic Business Credit, Eric has over 8 years of experience in factoring and asset based lending. He serves in various positions within the Turnaround Management Association and Commercial Finance Association in Chicago. Eric is a graduate of Bradley University in Peoria, Illinois.

Bio

Republic Business Credit is a factoring company headquartered in New Orleans, Louisiana with offices in Chicago, Los Angeles and Houston. We add value to our clients and focus our services on the many years of experience we have in commercial finance.

We have experience running businesses, so we know the importance of speed, responsiveness, and flexibility. We fund receivables in many industry sectors including manufacturing, staffing, transportation, advertising, oilfield services, distribution, food, beverages, automotive, aviation, and most other service sectors.

Republic Business Credit provides these invoice factoring benefits:

  • Receivables management
  • Credit support
  • Same day funding
  • No monthly minimums

Republic Business Credit has people at its center and their extensive experience in commercial finance is the expertise that allows us to deliver fast, flexible and real-world decision making.

Industries Served:

Apparel
Business Services
Distribution
Government
International
Manufacturing
Oil and Gas
Staffing Agencies

Featured Services:

Collection services:
Yes
Credit services:
Yes
24 hour funding:
Yes
Non-recourse factoring:
No
Online reporting:
Yes
Invoice software integration:
Yes

Terms of Service:

Contract length:
Typically 12 months.
Application and start-up fees:
Due diligence fee covers searches and UCC filing - typically $500.
Monthly minimum:
No.
Factor all invoices:
Yes, but selective factoring plans are available.
Reserve availability:
Typically 1 to 3 business days after we receive payment from the customer.
Cancellation fee:
1% of facility amount, varies by deal.
Additional fees:
$25 wire fee, $15 ACH fee.

General Information

847-696-6445
Visit website
Year founded:
2010
No. employees:
11-50
Associations:
IFA, CFA, Turnaround Management Association, Association for Corporate Growth
Address:
201 St. Charles Ave., New Orleans, LA
Other office locations:
Chicago, Houston, Los Angeles

Financial Information

Minimum credit facility ($):
150,000
Maximum credit facility ($):
10,000,000
Advance rate (%):
80-90%
Other types of financing:
Asset Based Lending
Contact
847-696-6445

201 St. Charles Ave., New Orleans, LA

201 St. Charles Ave., New Orleans, LA

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