Other News
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GCBC Celebrates 20 Year Anniversary in 2020
On February 1, 2020, Gulf Coast Business Credit (“GCBC”), a division of Gulf Coast Bank & Trust Co. (“Gulf Coast Bank”), announced the celebration of its 20th Anniversary as a leader in accounts receivable finance and asset based lending. Over the last 20 years, GCBC’s commitment to thousands of valued client relationships, partners and employees has provided growth for businesses and prosperity for families across the United States.
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GCBC finishes strong Q3 with 43 fundings
Gulf Coast Business Credit (“GCBC”) had a great third quarter, closing 43 new Accounts Receivable Factoring and Asset Based Lending (ABL) deals. Amongst the new deals funded were a $4,000,000 working capital facility to a Louisiana based staffing company, a $300,000 working capital facility to a Texas based manufacturing company and a $200,000 working capital facility to a California based transportation company.
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Gulf Coast Business Credit Welcomes 2019 Summer Interns!
Gulf Coast Business Credit (“GCBC”), the working capital finance division of Gulf Coast Bank & Trust (“GCB”), is pleased to announce its new team of interns for summer 2019. GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC. Our internship program is critical to our talent recruiting as we seek to hire and foster the next generation of GCB leaders.”
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What is Temporary Staffing Factoring and How Does it Work?
All temporary staffing agencies need access to working capital in order to consistently make payroll. And for staffing companies experiencing growth, the importance of reliable access to cash is even greater. This is why many temporary staffing agencies finance their payroll through factoring companies.
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GCBC Hires Vincent Miller as Credit Analyst/Underwriter
Gulf Coast Business Credit (“GCBC”) has experienced impressive growth over the first half of 2018. This not only applies to portfolio growth, but also to the size of the underwriting team. For the second time in 2018, a new Credit Analyst/Underwriter has been added to the team! GCBC is proud to welcome Vincent (“Vince”) Miller as a Credit Analyst/Underwriter for its Austin, Texas location.
GCBC Provides $1.25 Million Working Capital Facility to Louisiana Based Food Processing Company
Gulf Coast Business Credit’s Adam Landry recently provided a $1,250,000 working capital facility to a Louisiana based food processing company.
Article Posted On: November 06, 2014
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GCBC to Attend LOGA Annual Meeting March 11-13, 2015
Gulf Coast Business Credit (GCBC)’s Adam Landry will be attending the Louisiana Oil and Gas Association (LOGA)’s Annual Meeting in Lake Charles, Louisiana March 11-13, 2015.
Article Posted On: March 10, 2015
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GCBC Recently Attended the Louisiana Motor Transport Association Seafood Gala April 18, 2015
Gulf Coast Business Credit recently attended the Louisiana Motor Transport Association (LMTA) Seafood Gala on April 18, 2015 at The Sugar Mill in New Orleans, Louisiana.
Article Posted On: April 23, 2015
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Community Banker Refers Mississippi Trucking Company to GCBC for its Freight Factoring Needs
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $300,000 working capital facility for a Mississippi based trucking company that was referred by a community banker.
Article Posted On: May 19, 2015
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GCBC’s Adam Landry & Stuart Wrba Attended Louisiana Bankers Association Conference
Gulf Coast Business Credit (GCBC)’s Adam Landry and Stuart Wrba attended the 115th Annual Louisiana Bankers Association (LBA) Conference & Exposition in Naples, Florida from May 13-15, 2015.
Article Posted On: May 21, 2015
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Community Banker Refers Louisiana Staffing Company to GCBC for its Invoice Factoring Needs
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $400,000 working capital facility for a Louisiana based staffing company that was referred by a community banker.
Article Posted On: June 02, 2015
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Louisiana Community Banker Refers Pump Rental Company to GCBC for Invoice Factoring
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $1.5 million working capital facility for a pump rental company that was referred by a community banker in Louisiana.
Article Posted On: June 10, 2015
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Sales Team Roundtable: Common Misconceptions about Factoring
What have you heard about factoring? Gulf Coast Business Credit gathered four of their Business Development Officers to discuss common misconceptions about factoring. Here’s what they had to say when asked ...
Article Posted On: June 11, 2015
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Worksite Hazard Management Personnel & Consulting Company Referred to GCBC for Invoice Factoring
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $250,000 working capital facility for a work hazard management & consulting company that was referred by a community banker in Louisiana.
Article Posted On: June 18, 2015
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GCBC to Attend Texas Trucking Show
Gulf Coast Business Credit’s Adam Landry and Jeremy Talton will be attending the Texas Trucking Show June 25-27, 2015 in Houston, Texas.
Article Posted On: June 24, 2015
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GCBC to Attend American Staffing Association Staffing World Conference Oct. 27 - 29th
https://americanstaffing.net/asa-events/staffing-world/Gulf Coast Business Credit (GCBC)’s Adam Landry, Jeremy Talton and Stuart Wrba will be attending the American Staffing Association (ASA) Staffing World 2015 Convention in Nashville, Tennessee October 27-29, 2015.
Article Posted On: October 26, 2015
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GCBC to Attend Affiliated Staffing Group Conference Nov. 3-5th
Gulf Coast Business Credit (GCBC)’s Adam Landry and Stuart Wrba will be attending the Affiliated Staffing Group (ASG) Conference in Atlanta, Georgia November 3-5, 2015.
Article Posted On: November 03, 2015
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GCBC Attends American Staffing Association Staffing World Conference
Gulf Coast Business Credit (GCBC)’s Adam Landry, Jeremy Talton and Stuart Wrba recently attended the American Staffing Association (ASA) Staffing World 2015 Convention in Nashville, Tennessee October 27-29, 2015.
Article Posted On: January 07, 2016
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Louisiana Banker Refers Transportation Company to GCBC for its Freight Factoring Needs
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $500,000 working capital facility for a transportation company that was referred by a Louisiana banker.
Article Posted On: January 21, 2016
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March Madness Takes on New Meaning at GCBC
While March Madness may typically refer to the NCAA’s Men’s Division 1 Basketball Tournament, Gulf Coast Business Credit (“GCBC”) is experiencing their own March Madness while funding a variety of Accounts Receivable Factoring and Asset Based Lending (ABL) relationships this month.
Article Posted On: March 25, 2016
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Community Banker Refers Louisiana Staffing Company to GCBC
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $1,500,000 working capital facility for a Louisiana based staffing company that was referred by a Louisiana community banker.
Article Posted On: June 07, 2016
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Community Banker Refers Louisiana Based Marine Electrical Services Company to GCBC
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $2,000,000 working capital facility for a Louisiana based marine electrical services company that was referred by a Louisiana community banker.
Article Posted On: June 22, 2016