Republic Business Credit Provides $2 Million Factoring Facility to Southern Diesel Delivery Company
Republic Business Credit has provided a $2 million factoring facility to support the growth of a fast-growing diesel fuel supply and delivery company in the Southeastern United States. The mobile refueling provider delivers on-site fuel for construction equipment, helping contractors avoid downtime and maintain project timelines. The company's expansion is being driven by increased demand from AI data center development and utility-scale solar energy projects across the region. However, this growth created a working capital challenge due to payment terms that required suppliers to be paid within 10 days while customers often took up to two months for payments. Republic Business Credit’s factoring solution addresses this gap by providing immediate liquidity tied to outstanding invoices. The financing enables the company to fund fuel purchases and scale operations without being constrained by cash flow limitations, allowing it to capture new market opportunities in a rapidly growing infrastructure sector.
Topics: diesel delivery factoring facility growth financing working capital