NEW ORLEANS, July 26, 2019 /PRNewswire-PRWeb/ -- Republic Business Credit is proud to announce that Andrea Marus has been promoted to Vice President of Business Development in its new Nashville office. According to a recent Forbes article, Nashville located in Davidson County, is the 7th fastest-growing metro area in the United States. Andrea grew up in Tennessee before attending the College of Charleston. Republic strongly believes Nashville is a fantastic opportunity for growth in a market that is underserved by the non-bank commercial finance community. This marks Republic's fifth established market presence and its second new market in the past 12 months. Andrea is already a member of the Tennessee Chapter of the Turnaround Management Association, Mid-South Commercial Financial Association and will be joining the Tennessee Chapter of the Association for Corporate Growth.
Andrea joined Republic in 2016 as AVP, Underwriter in its New Orleans Headquartered office. Prior to joining Republic, Andrea spent nearly 3 years and completed the Financial Analyst training program for Wells Fargo Commercial Bank. She always wanted to expand her career into the business development side and will bring a great deal of credit and underwriting experience to support intermediaries and clients throughout the Mid-South region. Her office will be at One Nashville Place, 150 4th Ave N in downtown Nashville. Republic hopes to appoint a junior business development officer in the future to support Andrea so she can keep up with the growing demand for non-bank lending solutions in the Greater Tennessee area.
"We have been fortunate to watch Andrea excel as an underwriter in our New Orleans office and we are thrilled she accepted the challenge to continue building our national sales platform with her promotion this summer into the rapidly growing Nashville market," said Stewart Chesters, CEO of Republic Business Credit.
Republic is committed to helping entrepreneurs throughout the country with the bulk of its presence in the Midwest, Upper Midwest, Gulf Region and now Mid-South & Southeast regions. Tennessee and its surrounding states are often thought of as flyovers by people in the Northeast, where Republic is doubling down on its support of founders between the two coasts with its launch into Nashville to complement its presence in Minneapolis, Chicago, Houston and New Orleans offices that service clients in over 35 states.
"As an underwriter, Andrea helped Republic have its two of its three best years of new business performance," said Robert Meyers, President and founder of Republic. "I am excited for the Nashville market to get to know Andrea. She combines a great balance of enthusiasm, dedication, intelligence and persistence to support business owners."
The New Orleans-headquartered Republic Business Credit provides working capital solutions up to $10,000,000 for companies that are start-ups, experiencing high-growth or recoverable distress. Based in Nashville, Marus will drive new partnerships for Republic in the Mid-South Region.
Republic Business Credit partners with banks, accountants, sponsors, lawyers and investment banks to collaboratively support entrepreneurs across the United States, to create value, by enabling them to focus on growing successful businesses.
---Background---
Republic Business Credit provides flexible working capital solutions to help rapidly growing businesses, start-ups, and companies in turnaround or recoverable distressed situations that need facilities of up to $10,000,000. Winner of the 2015 Emerging Growth Company of the Year award from the Louisiana Chapter of the Association of Corporate Growth, 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 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 $3.75 billion in fast, flexible working capital.
The company is led by Stewart Chesters, a British transplant to New Orleans who has managed commercial finance companies on both sides of the Atlantic and Robert Meyers, a national sales and marketing leader, and recipient of the Commercial Finance Association '40 under 40' award.
SOURCE Republic Business Credit
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