Republic Business Credit Provides $750,000 Factoring Facility to Staffing Firm

The first funding under the Republic and Meritus partnership demonstrates support for the broader financial health of staffing businesses

CHICAGO, Sept. 22, 2026 /PRNewswire/ -- Republic Business Credit provided a $750,000 factoring facility to a growing temporary staffing firm to support its operational requirements. This is the first funding that originated through Republic's recently announced partnership with Meritus Capital.

Based in the Southeast, this modern temporary staffing firm leverages technology to deliver highly customized recruitment strategies. Their cost-effective approach and time-saving features make the Company a highly valuable human resources partner.

Recognizing the unique challenges posed by the cyclical nature of the staffing sector and the cash flow gap that many growth-oriented firms face, Republic leveraged its deep industry experience and diverse financial toolkit to structure a tailored financing solution. The funding will enable the Company to take on larger clients, increase recruiter headcount, expand into new markets, and manage payroll obligations without being constrained by cash flow limitations.

"Republic's knowledgeable team worked diligently to make the underwriting process as easy as possible," stated Paul DeLuca, CEO of Meritus Capital. "Ensuring a seamless start to the partnership is always ideal, and we look forward to a successful partnership between Meritus, Republic, and company executives for many years to come."

The transaction marks the first milestone under the new partnership, as the two firms focus on long-term relationship-building with growing staffing businesses. 

"Just like our clients, we are constantly evolving, and we seek to provide the best solutions aligned with their growth strategies," said Robert Meyers, Chief Executive Officer. "By empowering temporary staffing companies, we are supporting a sector recognized globally as a critical leading indicator of macroeconomic health."

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 and entrepreneurial businesses. Republic provides asset-based lending, e-commerce, ledgered lines of credit, factoring and Fast AR Funding. Republic partners with its clients to provide up to $20 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.

SOURCE Republic Business Credit, LLC