New facility eliminates typical accounts receivable payment gaps to accelerate corporate growth
HOUSTON, Oct. 27, 2026 /PRNewswire/ — Republic Business Credit provided a $1 million factoring facility to a fast-growing Southwestern fuel transportation and distribution company. The facility delivers immediate liquidity to support the Company’s urgent working capital needs and revenue expansion.
With a long history of success, the Company specializes in transporting hazardous materials and liquid fuels nationwide. Because payment terms in the energy sector typically extend to 60 to 90 days, the Company faced working capital shortages that forced it to pass up new business opportunities.
Recognizing these challenges, a commercial banker referred the Company to Republic due to its deep roots in the Gulf Region and expertise in oilfield services. Republic’s flexible facility successfully removes the cash flow constraints caused by extended payment cycles, unlocking the Company’s potential for accelerated growth.
“No business should be forced to turn down profitable new opportunities due to slow-paying clients,” said William Kemp, Senior Vice President, Business Development Officer at Republic Business Credit. “Our mission is to eliminate those cash flow gaps, and we are proud to partner with regional companies to scale safely and drive economic growth throughout the region.”
The partnership highlights Republic’s long-standing connection to the energy and logistics sectors across the Gulf Region.
“Republic has spent 15 years filling the lending gap for Southern oilfield service companies seeking alternatives to traditional bank requirements,” said Robert Meyers, Chief Executive Officer of Republic Business Credit. “Sustaining and empowering this vital sector is deeply meaningful to us, and we remain fully committed to our long-term partnership with the industry.”
About Republic Business Credit
Republic Business Credit is a nationally recognized commercial finance company supporting the working capital requirements of companies nationwide, including private equity and entrepreneurial businesses. Republic provides asset-based lending, e-commerce, ledgered lines of credit, factoring and Fast AR Funding. Republic partners with its clients to provide up to $20 million in senior credit facilities to rapidly growing businesses, start-ups and companies experiencing recoverable distress. Republic is recognized by the Secured Finance Network as one of the largest finance companies in the United States of America. Republic is proud to be headquartered in New Orleans with additional offices in Chicago, Los Angeles, Houston and Atlanta. Republic is a wholly owned subsidiary of Renasant Bank.
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SOURCE Republic Business Credit, LLC
