Jorge Varela Joins Republic Business Credit as Senior Vice President
Republic Business Credit has hired Jorge Varela as Senior Vice President, Account Executive in its Chicago office. With nearly 20 years of experience in secured finance and account management, Varela will provide strategic oversight for the Recourse Portfolio Client Management team under Sue Duckett's leadership. Varela is Republic’s fifth new hire in Chicago over six months and marks the company’s 15th addition this year. The firm plans to add three more professionals in Chicago within two quarters, alongside hiring for 10 other open positions nationwide as part of its national expansion strategy. Republic Business Credit supports working capital needs through asset-based lending, factoring, e-commerce financing, and credit facilities up to $20 million. As a subsidiary of Renasant Bank, Republic is recognized by the Secured Finance Network among the largest finance companies in the U.S.
Topics: expansion hiring leadership change