Renasant Bank Acquires Republic Business Credit
TUPELO, Miss., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ:RNST) (the "Company") announced today that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) ("RBC") in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011, RBC has grown into a premier, tech-enabled independent commercial finance platform that provides factoring and asset-based lending solutions ("ABL") to commercial borrowers nationwide with more than $8 billion in factoring originations alone since incep
