Sarver has been critical to the growth of Republic's asset-based lending business.
NEW ORLEANS, Jan. 29, 2025 /PRNewswire-PRWeb/ -- Republic Business Credit proudly announces the promotion of Bruce Sarver to Senior Vice President, Portfolio Manager of its Asset-Based Lending (ABL) Team. This promotion underscores Republic's commitment to expanding its ABL portfolio and strengthening its position as a market leader in the middle and lower middle-market sectors.
Bruce Sarver will report directly to Republic's Chief Operating Officer, Matthew Begley. Sarver began his career in the secured finance and lending field in 2013 as an underwriter. Over the years, he has supported Republic's credit committee across both the factoring and ABL teams, excelling in client management, client service and underwriting.
Most recently, Sarver served as Senior Vice President, Relationship Manager for the ABL portfolio. His expertise and experience provide a solid foundation for his new role as ABL Portfolio Manager.
"Bruce's deep industry knowledge, exceptional communication skills, keen attention to detail and client-focused approach have made him an outstanding contributor to Republic's success," said Matthew Begley, Chief Operating Officer. "Our borrowers know and trust Bruce to help them achieve their goals. We are confident that the ABL portfolio will continue to flourish under his leadership."
ABL offers businesses flexibility and additional leverage, enabling borrowers to thrive in competitive markets. According to the Secured Finance Network's market-sizing study, the ABL market exceeds $1 trillion and is projected to continue growing.
"Asset-based lending is a practical solution that continues to redefine how businesses access working capital," said Bruce Sarver. "I am honored to manage the portfolio of this dynamic division. Republic prides itself on innovation and partnership, and I look forward to advancing that mission within our ABL portfolio."
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 backed and entrepreneurial businesses. Republic provides Asset Based Lending including support for e-commerce, ledgered lines of credit, factoring and Fast AR Funding facilities. Republic partners with its clients to provide up to $15 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.
Media Contact
Emma Amorose, Republic Business Credit, 412.807.9236, [email protected], republicbc.com
SOURCE Republic Business Credit
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