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Republic Business Credit Relocates Kemp Expands its Houston Presence


HOUSTON, March 20, 2018 /PRNewswire-PRWeb/ -- Republic Business Credit is proud to announce that William Kemp has been promoted to Vice President of Business Development in its Houston Office. William will join Republic's market leader, Candice Hubert, longtime SVP of Business Development. William actively participates as a board member for both Houston Chapters of the Commercial Finance Association and Turnaround Management Association.

William joined Republic in 2016 to build its Midwestern Region and jumped at the opportunity to further develop its Texas presence. He will be based in Republic's expanded office on the 21st Floor of 2700 Post Oak Blvd in the Galleria. Republic expects to appoint a client relationship manager along with a junior business development officer to keep up with the growing demand for non-bank lending solutions in the Greater Houston and Texas market.

"We have been fortunate to have Candice lead our representation in Houston, and we are thrilled to build on that with the addition of William as we start a process of continuing expansion in this exciting market," said Stewart Chesters, CEO of Republic Business Credit.

Republic has been committed to Texas since its founding, with its first ties including where most staff worked during the early months of the clean up from Hurricane Katrina. Texas is the second largest state in the union and a driving force in the national economy. It includes four of the eleven largest cities in the United States with Houston, Austin, Dallas and San Antonio. In addition to covering Houston, William will be building relationships throughout Texas.

In 2017 the Turnaround Management Association Midwest Chapter awarded William the Emerging Leader Award. "William is dynamic young professional that works to build strong partnerships in the local community," said Robert Meyers, President of Republic Business Credit.

The New Orleans-headquartered Republic Business Credit provides working capital solutions up to $10,000,000 for companies that are experiencing high-growth or recoverable distress. Based in Houston, Kemp will drive new partnerships for Republic in the Southern Region.

Republic Business Credit partners with banks to collaboratively support entrepreneurs across the United States, to create value, by enabling them to focus on growing successful businesses.

---Background---

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 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 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, LLC


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