Republic Business Credit, based in New Orleans, provided a $3 million factoring facility to a growing textile manufacturer on the West Coast.
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The company uses this funding to expand its operations and enter new markets.
The company produces high-quality products for large custom orders, using eco-friendly materials such as bamboo, wood pulp, and recycled cotton.
The company strongly supports sustainability by using responsible farming methods and maintaining high environmental standards throughout its entire process.
The company wanted an experienced funding partner who understands the industry and can provide expert guidance in a changing market. Demand for its products is growing, and based on current orders, the company expects double-digit growth in 2026.
“Our strong experience in the apparel industry made us a trusted partner,” said Tae Chung, Senior Vice President at Republic Business Credit. “The U.S. textile and apparel industry is an important part of the economy, and we are proud to support growing brands. Most of their sales are wholesale right now, and we also talked about how our partnership can grow as their business expands.”
“We work with ambitious founders who view our factoring solution as an important tool to help grow their business,” said Matt Begley, Chief Operating Officer at Republic Business Credit. “We are proud to support their financing needs today and are well prepared to help with their future growth.”
About Republic Business Credit
Founded in 2010 by Stewart Chesters, Republic Business Credit is a national finance company that helps businesses across the U.S. with their working capital needs, including private equity-backed and entrepreneurial companies. It offers asset-based lending, e-commerce financing, lines of credit, factoring, and Fast AR Funding, providing up to $20 million in senior credit facilities. The Secured Finance Network recognizes the company as one of the largest finance companies in the U.S. Headquartered in New Orleans, it also has offices in Chicago, Los Angeles, Houston, and Atlanta. Republic is a wholly owned subsidiary of Renasant Bank.
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