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Republic BC Funds Food Ingredient Manufacturer with $2.75MM Ledgered Line of Credit
Thursday, September 24, 2020

Lenders/Participants Republic Business Credit [Lender]
Structure Ledgered Line of Credit
Amount $2.750 Million
Borrower(s) Undisclosed
Description Republic’s funding will eliminate the cash flow gap from the difference in timing from their suppliers and their customer payments. Republic structured the ledgered factoring facility to allow for extended terms without any financial covenants or field exam requirements. Transaction details not disclosed.
Industry Food Production - Processing
Related Tags Republic Business Credit

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