#United States #New Orleans #Republic Business #Katie Hay #Legal Analyst

Republic Business Credit Expands Its Legal Team with Katie Hay

Republic Business Credit is excited to announce a strategic addition to its legal team, welcoming Katie Hay as the new Assistant Vice President (AVP) and Legal Analyst. This appointment reflects the company’s commitment to enhancing its client-focused approach and strengthening its operational capabilities.

Based in New Orleans, Katie Hay will be reporting directly to Christy Morgan, the Vice President and Legal Manager. Hay's role will be pivotal in supporting Republic's efforts to streamline legal processes and improve overall client services.

Katie Hay: A Wealth of Experience

Katie Hay comes to Republic Business Credit with an impressive background in law, having graduated from Louisiana State University and later earning a Paralegal Certificate from the same institution in 2019. Her career has been marked by extensive work within the legal sphere, where she has gained substantial experience at all stages of legal case management in Louisiana.

In her new role, Hay will leverage her expertise in drafting legal documentation, conducting UCC research, and performing comprehensive background checks on potential clients seeking factoring and borrowing services. These competencies will be crucial as Republic continues to grow and evolve in the commercial finance sector.

Exciting Opportunities Ahead

On her appointment, Hay expressed enthusiasm about joining the Republic team: “I am thrilled to join Republic as AVP, Legal Analyst. The company's commitment to client success is inspiring. I look forward to supporting the team and strengthening our operational capabilities.”

Christy Morgan, the VP and Legal Manager, shared her positive outlook on Hay’s contributions, stating: “Katie's proven ability to develop and manage effective processes will be a valuable asset to our team and will enhance our client services.” Morgan believes that Hay's arrival at this foundational stage of building out the legal department will significantly reduce both client onboarding time and servicing costs, which is critical as the company continues to expand.

Continued Growth and Commitment

Republic Business Credit is experiencing notable growth, having funded over $100 million in credit facilities in 2024 alone through various lending products, including factoring and asset-based lending. This record expansion aligns with the company’s mission to deliver fast, efficient solutions that enable clients to access the capital necessary for their businesses to thrive.

Stewart Chesters, CEO of Republic, highlights this growth journey, saying: “Our company is on an exciting growth journey, driven by our commitment to supporting our clients' financial needs. Expanding our talented team with professionals like Katie is essential as we scale to meet increasing demand while continuing to be the exceptional partner our clients expect.”

About Republic Business Credit

As a nationally recognized provider of commercial finance, Republic Business Credit supports the working capital requirements of businesses across the country, including startups and private equity firms. The company specializes in asset-based lending, e-commerce, ledgered lines of credit, and Fast AR Funding solutions. They partner closely with clients to offer substantial credit facilities up to $15 million, aiming to meet the unique financial challenges faced by rapidly growing businesses and those undergoing recoverable distress. Headquartered in New Orleans, Republic operates additional offices in major cities, including Chicago, Los Angeles, Houston, and Atlanta.

Republic Business Credit is proud to be part of the Secured Finance Network and is recognized as one of the largest finance companies in the United States. As they continue to expand their footprint, the addition of professionals like Katie Hay marks a significant step toward ensuring comprehensive support for their clients’ financial journeys.