Republic Business Credit

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:

Featured Services:

24 Hour Funding:

Yes

Collection Services:

Yes

Credit Services:

Yes

Digital Invoice Processing:

Yes

Online Reporting:

Yes

Non-recourse Factoring:

Terms of Service:

Application and Start-up Fees:

Due diligence fee covers searches and UCC filing - typically $500, but ranges based on number of entities, number of owners, etc.

Contract Length:

Typically 12 months

Cancellation Fee:

1% of facility amount, varies by deal

Monthly Minimum:

Factor All Invoices:

Yes

Reserve Availability:

Typically 1 to 3 business days after we receive payment from the customer.

Additional Fees:

$25 wire fee, $15 ACH fee

Eric Dorner

VP Sales

847-696-6445

General Information:

Year Founded:

2010

No. Employees:

11-50

Visit Website link here

Associations:

International Factoring Association, Turnaround Management Association, Commercial Finance Association, Association for Corporate Growth

Address:

201 St. Charles Ave., New Orleans, LA

Other Office Locations:

Chicago, Los Angeles, Houston

Financial Information:

Minimum Credit Facility ($):

150,000

Maximum Credit Facility ($):

10,000,000

Advance Rate (%):

80-90%

Other Types of Financing:

Asset Based Lending

201 St. Charles Ave., New Orleans, LA