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.
Renewable Energy
Is School a Jail Sentence?
We’ve all heard ideas like the one being expressed here, though this one sounds extreme. Jail sentence? Education is exclusively an exercise in pounding in bad habits?
What’s the outcome for students in the very worst of our schools that make no attempt whatsoever to help its pupils learn to think critically? Well, their kids learn to:
- Read and write
- Do math, at least through algebra
- Understand some level of history and geography
- Make friends and get along with others
- Establish independence from the parents
- Gain the qualifications for employment
What’s the alternative? Illiteracy? Social isolation? Child labor? Poverty? Neurotic sloth? Being a burden on society?
Is it a coincidence that the countries with the best educated children are the happiest, sanest and most productive nations on the planet?
Renewable Energy
Saying Goodbye to All of America’s Top Women
If you’re a competent woman working at the highest echelon in the U.S. government, better start packing your bags.
Renewable Energy
How Much Further Does the Trust of the American People Extend?
Today we had another “assassination attempt.”
Is it the fourth or the fifth? I lost track after his ear grew back.
Eventually, after perhaps 20 or 30, even the most dimwitted American will recognize that he’s been played.
Trump is a man of God like I’m a bald eagle.
How Much Further Does the Trust of the American People Extend?
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