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.
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.
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.”
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.
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.
Stuart Wrba Closes a Variety of Deals
Gulf Coast Business Credit (GCBC) specializes in providing accounts receivable financing to a variety of companies throughout the United States. GCBC’s Stuart Wrba recently closed deals consisting of a $7M working capital facility for a staffing company, a $500,000 working capital facility for a business management consulting company, and a $150,000 working capital facility for a transportation company.
Article Posted On: July 16, 2015
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GCBC Celebrates 15th Anniversary
New Orleans, LA, August 13, 2015 – Gulf Coast Business Credit, a division of Gulf Coast Bank & Trust Co. celebrates its 15th Anniversary as a leader in accounts receivable finance and asset based lending solutions.
Article Posted On: August 14, 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