Renasant Business Credit announced four recent fundings, totaling over $44 million. These new asset-based lines of credit and term loans include an $6.25 million term and working capital facility for a machining and supplier of precision machined components, a $8 million line of credit for a processor and distributor of frozen seafood, a $25 million line of credit to a provider of private lending services on investment real estate, and facility increase from $15 million to $20 million for a fuel distributor which servs the oil and gas industry.  All these companies are based in the Southeast.

"At Renasant Business Credit, we're proud to continue our commitment to supporting businesses in their growth and success. The approval and funding of these four new asset-based lines of credit underscores our dedication to providing flexible, tailored financial solutions that empower our clients to thrive in a dynamic market,” said Pat Trammell, EVP of Renasant Business Credit. “These new partnerships reflect our ability to respond to the evolving needs of businesses, helping them leverage their assets to fuel expansion, innovation, and resilience. We look forward to being a trusted partner in their continued success."