Texas-based solar panel installation company, Southern Solar, has sought a long-term funding partnership with Republic Business Credit.
The terms of the $3 million factoring agreement are structured similarly to an asset-based loan, as the company is only being charged on their facility utilization, says Republic. The adjustment is expected to allow company executives to focus on core business operations while achieving their growth targets in the upcoming quarters.
“This is the perfect example of how we provide rapidly growing companies with working capital freedom,” says Robert Meyers, president of Republic.
“We tailored a private credit solution to support the company’s long-term growth goals and enhance the positive effects on Texas’ economy through the workforce and energy solutions this company provides.”
Republic is headquartered in New Orleans with additional offices in Chicago, Los Angeles, Houston and Atlanta. It is a wholly owned subsidiary of Renasant Bank.
The post Republic Business Credit Funds $3M Southern Solar Factoring Facility appeared first on Solar Industry.
As a financially comfortable, educated, straight white male, one might think I’m impervious to any of Trump’s policies.
I have a weakness, however, and it’s one I share with virtually every other progressive on the planet–I care deeply the well-being of other people. It disturbs me greatly to see other people suffer, especially when that suffering would be so easily avoided.
At left is a great example of a fallacy called a “false dichotomy.”
We all crave information that backs up what we already believe, and, in general, Trump supporters have this going on in spades.
When we think about it, isn’t in possible to both protect American citizens and respect the Constitution rights all people living here?
What would one expect a sycophant to say?
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