#United States #New Orleans #Republic Business Credit #Benton Hilbun #Merri Underwood

Republic Business Credit Expands Its Southeast Footprint

In a significant move to enhance its Southeast operations, Republic Business Credit announced the recent appointments of Benton Hilbun and Merri Underwood. This expansion is seen as a strategic effort to bolster their regional presence, ensuring that the company stays competitive in the commercial finance landscape.

New Appointments

Benton Hilbun joins Republic as the Senior Vice President, Business Development Officer, while Merri Underwood steps in as Assistant Vice President, Account Executive. Both professionals bring extensive backgrounds in banking and commercial finance, equipped with decades of experience that will assist Republic in its growth trajectory.

Republic Business Credit's CEO, Robert Meyers, expressed confidence in Hilbun and Underwood's ability to enhance the company’s service offerings. He stated, "Benton and Merri bring decades of factoring and commercial banking experience to the Republic team. We have a strong culture of developing and empowering our leaders that is critical for retention and fostering innovation. We are committed to developing our people and creating an environment for them to be successful."

Benton Hilbun's Background

Hilbun's career spans over 25 years, notably at Renasant Bank where he served as Senior Vice President. His specialty lies in accounts receivable financing, account management, and relationship building. Hilbun is well-regarded in the industry, having built a robust network of business owners and referral partners. In his new role at Republic, he will be responsible for driving business development efforts throughout the southeastern United States and will report to Brian Resutek, Senior Vice President, Southeast Regional Manager.

"Having seen Republic's growth firsthand as a Renasant employee, I'm eager to transition from an observer to a contributor," Hilbun remarked. He is enthusiastic about utilizing Republic’s national platform to implement proven growth strategies that enhance capital flow for business owners in the area.

Merri Underwood's Contribution

Joining Hilbun is Merri Underwood, who previously served as Assistant Vice President, Operations, and Portfolio Administrator at Renasant Bank. Underwood has held various operations and processing roles, which provided her with a unique insight into client management. Her decade-long experience as an Accounting Manager in the furniture manufacturing sector equips her with an understanding of the importance of effective capital funding for businesses. Underwood will report to Danika Louis, Senior Vice President, Portfolio Manager.

"Republic and Renasant share a common culture and a deep commitment to putting clients first," Underwood said, highlighting her enthusiasm for ensuring that clients receive top-notch care in their financial needs.

About Republic Business Credit

Republic Business Credit is a nationally recognized commercial finance company that addresses the working capital requirements of various enterprises, including private equity and entrepreneurial ventures. The firm specializes in asset-based lending, e-commerce funding, ledgered lines of credit, factoring, and Fast AR Funding, providing crucial support to rapidly growing businesses, start-ups, and companies facing financial challenges. The company proudly calls New Orleans its home, with additional offices in Chicago, Los Angeles, Houston, and Atlanta. Republic is recognized as one of the largest finance companies in the United States, operating as a wholly owned subsidiary of Renasant Bank.

With the addition of Hilbun and Underwood to its expanding roster, Republic Business Credit is well-positioned to further strengthen its impact in the Southeast, committing to deliver unparalleled support to their clients across various industries.