Building Momentum: Republic Business Credit Deepens its Asset Based Lending Talent, Appoints Joseph Zupo as Underwriting Manager
As a further investment to supporting growing entrepreneurs with complex needs, Republic Business Credit hires Joseph, an experienced Asset Based Lender
NEW ORLEANS, Nov. 01, 2018 /PRNewswire-PRWeb/ -- Republic Business Credit announced today it hired Joseph Zupo as Underwriting Manager in its New Orleans office. This appointment adds significant experience, depth and knowledge in Asset Based Lending as the company continues to expands its national footprint to provide dynamic working capital solutions throughout the U.S.
Republic Business Credit provides Factoring and Asset Based Lending to companies that are experiencing high-growth or recoverable distress. The New Orleans-headquartered finance company has recently expanded its presence in the Midwest and Southern regions with key, high-level staff appointments. Relocating to New Orleans, Joseph will focus on coaching, mentoring and leading our underwriting team. Joseph will support Robert Meyers, its President, as the origination team seek companies throughout the country with funding needs up to $10,000,000 across their receivables, purchase orders, inventory and equipment.
"Joseph is a proven performer in the Asset Based Lending and Factoring industries in both the Bank and Non-Bank market," said Robert Meyers, President, Republic Business Credit. "Joseph will combine his experience and deal doing attitude to help us fund more clients that previously possible." Joseph previously worked for Presidential Financial, CIT Commercial Finance and Bank of America Business Capital is underwriting, credit, risk and portfolio management roles. Joseph is a member of the Turnaround Management Association, Commercial Finance Association and former board member of the Risk Management Association.
"Joseph has a strong background providing creative and flexible solutions to the ever increasingly complex transactions we finance," said Stewart Chesters, Chief Executive Officer, Republic Business Credit. "With his determination, experience and deal-funding attitude he will bring tremendous value to our partnership and existing relationships. He is a safe pair of hands."
Republic Business Credit supports accountants, lawyers, investments bankers and other centers of influence across the United States to create value, strengthen relationships and support successful growing entrepreneurial businesses.
ABOUT REPUBLIC BUSINESS CREDIT
Republic Business Credit provides flexible working capital solutions to help rapidly growing businesses, start-ups, and companies in turnaround or recoverable distressed situations. Winner of the Emerging Growth Company of the Year award from the Louisiana Chapter of the Association of Corporate Growth, and the FactoringClub's Best Factoring Company Award for 2018, the Republic Business Credit team has the expertise necessary to meet the nuanced financial needs of companies across a wide variety of industries. It provides receivables finance, factoring and asset-based facilities, including ABL, receivables purchase lines of credit, inventory, equipment and purchase order lines. Since its founding in 2011, Republic Business Credit has provided over $3 billion in fast, flexible working capital.
SOURCE Republic Business Credit, LLC
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