Financial Advisor
Republic Capital Access, LLC
Debt Capital Markets
Senior Secured ABL Credit Facility
Transaction Details
- On July 27, 2017, Republic Capital Access, LLC ( “RCA”), an affiliated portfolio company of Stephens Capital Partners, closed a new $75 million Senior Secured ABL Credit Facility
- Proceeds were used to increase RCA’s existing ABL credit facility and provide growth capital
- Stephens Inc. acted as exclusive financial advisor to Republic Capital Access in the transaction
About the company
Headquartered in Herndon, Virginia and founded in 2009, Republic Capital Access provides non-recourse accounts receivable financing programs to businesses offering goods and services to the U.S. Government, either directly or through contractual arrangements with primarily investment grade U.S. Government contractors. In addition to purchasing accounts receivable secured by invoices submitted to the U.S. Government and other high credit quality contractors, RCA has also begun originating and servicing asset-based loans secured by payroll advances, unbilled receivables and receivables due from non-investment grade account debtors. These programs are typically offered in conjunction with RCA’s receivables purchase program to finance labor and direct costs incurred by contractors prior to invoicing the U.S. Government and other account obligors. In the last two years, RCA has processed over $1 billion in receivables across approximately 300 contractors. For more information, please visit http://www.republiccapitalaccess.com/
Sources: Company provided information.
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