Republic Business Credit Hires Mary Carrillo as Vice President, Customer Credit Manager

Building Momentum: Republic expands its factoring team to support its growth

Image of Justin Johnson By Justin Johnson.
Updated Jul 14, 2022

NEW ORLEANS (PRWEB) July 14, 2022 - Republic Business Credit is proud to announce that Mary Carrillo has joined as Vice President, Customer Credit Manager, in its Los Angeles office. Mary brings significant industry expertise to Republics ambitious growth plans. Leading the customer credit department and its critical role in assessing customer credit risk across the business with a specific focus on apparel, textile, consumer packaged goods, furniture, and fashion industries, Mary will report directly to Republics Chief Operating Officer and Board Member, Matthew Begley.

Several members of the team in our Los Angeles office have known Mary for many years, and we are all thrilled to have such a proven executive on the team, Begley said.

Mary will be influential across the entire business, representing another key addition to Republic Business Credits commitment to the apparel and consumer packaged goods industries following its acquisition of Continental Business Credit in 2019.

Republic provides traditional factoring, asset-based lending, ledgered lines of credit, and direct to consumer working capital solutions to high-growth, transition, recoverable distress and early-stage companies.

Prior to Mary joining Republic in January, she spent more than 20 years working in the factoring and asset-based lending industry. Her dynamic career started as a collector and progressed through all operational aspects of commercial finance, including credit, and client management. She served as team leader for a factoring company with offices on both coasts and was directly responsible for all lending decisions of her portfolio.

It is amazing to rejoin so many colleagues, meet new ones and continue building upon their incredible success at Republic. I feel very fortunate to be joining a growing, diverse and exciting business, Mary said. Republic is one of the few national commercial finance platforms with an operational presence in California, and it is great to work with people I have known my entire career. I cant wait to work with all of the brands and entrepreneurs we support together.

Republic Business Credit is committed to helping entrepreneurs and private equity sponsors throughout the country. Republic supports clients in more than 30 states across its diverse geographic footprint.

We are excited that Mary is joining us as a proven leader in the customer credit and client service area, said Stewart Chesters, CEO and managing member of Republic Business Credit.

Republic Business Credit partners with banks, accountants, private equity sponsors, independent 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.

About Republic Business Credit. Republic Business Credit is a national provider of working capital facilities to private equity and entrepreneurial owned businesses. Republic provides asset-based lending, ledgered lines of credit, traditional factoring, direct to consumer loans, factoring, and Fast AR Funding. Republic partners with its clients to provide up to $12 million in senior credit facilities to rapidly growing businesses, startups, and companies experiencing recoverable distress. Nationally recognized as Winner of the 2015 Emerging Growth Company of the Year award from the Association of Corporate Growth, Republics expert and knowledgeable team boasts four Top 40 Under 40 winners, two Top Women in Secured Finance and a Top Women in Asset Based Lending by the Secured Finance Network and ABF journals respectively. Republic is recognized by the Secured Finance Network as one of the largest independently owned finance companies in the United States of America.

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