ROBERSON’S ACG EVENT KICKS OFF 2014

On January 8, 2014, Meg Roberson led a sold out event that presented a panel of Austin Business Journal’s Top Ranked CFO’s. With over 100 attendees, the event was hosted by the Association of Corporate Growth - Central Texas Chapter with Gulf Coast Business Credit serving as a diamond level sponsor. Roberson is the National Sales Manager for Gulf Coast Business Credit, the factoring division of Gulf Coast Bank & Trust; and as of January 2014, Roberson serves as the President for the Associa...

GULF COAST BUSINESS CREDIT IMPLEMENTS BAYSIDE BUSINESS SOLUTIONS’ CADENCE FOR FACTORING

Gulf Coast Business Credit (GCBC), one of the largest factoring companies in the United States, and Bayside Business Solutions, an innovative developer of commercial portfolio management software, announced today that GCBC has successfully implemented Bayside’s CADENCE for Factoring platform to administer its business-to-business lending. CADENCE for Factoring is the leading software solution for accounts receivable financing. In addition to automating many administrative functions, CADENCE man...

GCBC RENEWS AMERICAN STAFFING ASSOCIATION MEMBERSHIP

Gulf Coast Business Credit (“GCBC”) specializes in accounts receivable financing for the staffing industry. GCBC understands the unique challenges of the staffing industry and can provide the financial support staffing companies require to help manage growth, take advantage of opportunities or help fund payroll. GCBC has renewed its membership with the American Staffing Association for 2014. The ASA membership will aid GCBC in being the premier accounts receivable finance provider for staf...

GULF COAST BUSINESS CREDIT’S SALES TEAM GETS ACTIVE

To promote healthy living, Gulf Coast Business Credit decided to incorporate the New Orleans Rock-n-Roll Marathon into their bi-annual sales meeting. GCBC participants include Celena DeFreitas, Alexis Hail, Elliot Smith, Meg Roberson, Chrissy Sphar, and Liz Evans.The New Orleans Rock-n-Roll Marathon will take place on Sunday, February 2, 2014 and supports charities including the Leukemia & Lymphoma Society, St. Jude Children’s Research Hospital, The Gleason Initiative Foundation, and Hope fo...

GCBC ATTENDS THE NATIONAL INDEPENDENT STAFFING ASSOCIATION CONVENTION

As a preferred partner of the National Independent Staffing Association (NISA), Gulf Coast Business Credit (GCBC) recently hosted a dinner for the NISA Owner’s Meeting on January 23, 2014. NISA is an association that provides independently owned staffing agencies the knowledge to improve their strategies and market development to further grow their business. Since GCBC specializes in accounts receivable financing for the staffing industry, GCBC attends NISA conventions twice a year to support t...

GCBC PROVIDES A $500K WORKING CAPITAL FACILITY TO IT STAFFING COMPANY

Gulf Coast Business Credit (GCBC) recently provided a $500,000 working capital facility to an IT temporary staffing company based in Texas.The staffing company was started by two professionals with prior experience in the staffing industry and was referred to GCBC by a national bank. Since this staffing company was a young company with no historical financials, the company was unable to qualify for traditional banking.Troy Zupancic, GCBC Vice President, stated, “We are thrilled to help two entre...

TROY ZUPANCIC CONTRIBUTES TO GCBC’S GROWTH

Gulf Coast Business Credit (GCBC) continually provides “the simple growth solution” for companies. Troy Zupancic, GCBC Vice President of New Business Development in Texas, recently closed deals consisting of a $250M working capital facility for an oilfield services company; a $500M working capital facility for an IT staffing company; and a $4MM working capital facility for a global manufacturer. Mr. Zupancic has provided banking solutions to small and middle market companies for 17 years with f...https://www.comerica.com/Pages/default.aspx

GCBC SPONSORS RMA CENTRAL TEXAS CHAPTER LUNCHEON FOR FEBRUARY 13, 2014

Gulf Coast Business Credit (GCBC), a provider of accounts receivable finance nationwide, will be sponsoring the Risk Management Association (RMA)-Central Texas Chapter luncheon on Thursday, February 13, 2014. If you would like to register, please see registration details below. The luncheon will provide updates on Commercial Real Estate in Austin, Texas and will be hosted by David Thibodeaux, MAI and Charles Heimsath. Mr.

GCBC PROVIDES $350K WORKING CAPITAL TO MULTI-UNIT TRUCKING COMPANY

Gulf Coast Business Credit (GCBC) recently provided $350,000 working capital to a multi-unit trucking company based in Georgia. The trucking company is family owned and has operated for over 20 years with a fleet of 10 trucks handling general import and export freight nationwide. Due to slow payments from shippers, the trucking company turned to factoring for a financial solution. Factoring will allow the company to turn invoices immediately into cash in order to meet payroll and other expenses...

GCBC PROVIDES A $3MM WORKING CAPITAL FACILITY TO WYOMING BASED TRANSPORTATION COMPANY

Gulf Coast Business Credit (GCBC) recently provided a $3MM working capital facility to a transportation company based in Wyoming with a fleet of 35 trucks. The transportation company has operated for over 30 years and primarily hauls oilfield equipment and water in the Bakken Shale. Due to the high volume of activity in the Bakken, this new client will utilize GCBC’s accounts receivable financing program to help expand their customer base and reach their full growth potential without giving up ...

GCBC’S TROY ZUPANCIC TO ATTEND PERMIAN BASIN DEALMAKERS EXPO

Troy Zupancic, Gulf Coast Business Credit Vice President of New Business Development located in Texas, will be attending the first Permian Basin Dealmakers Prospects and Properties Expo hosted by the Petroleum Listing Service (PLS) on February 26, 2014. Featuring a variety of oil and gas plays, prospects, property packages, and exploration opportunities; this one day expo is a must see event for all industry buyers, sellers, and capital providers. The host of the event, PLS, has hosted oil and ...

GCBC $250 GIFT CARD GIVEAWAY CONTEST

Gulf Coast Business Credit (GCBC) recently launched pages on Facebook, Google+, and LinkedIn. We encourage you to start following these pages to receive the most up to date information on recent deals, employee spotlights, contests, and any events GCBC may be attending or hosting. You can also visit www.gulfcoastbc.com/news to stay updated. To kick off our social media launch, we are hosting a $250 MasterCard® Gift Card Giveaway Contest on Facebook until March 14, 2014 at 11:59pm central.

GCBC PROVIDES A $3MM WORKING CAPITAL FACILITY TO TEXAS BASED OILFIELD SERVICE COMPANY

Gulf Coast Business Credit (GCBC)recently provided a $3MM working capital facility to an oilfield service company headquartered in Texas. The oilfield service company was factoring with a private competitor and came to GCBC through a company that provides part-time CFO services. The company is experiencing rapid growth and concentrations from debtors active in the multiple shale plays located in Texas. GCBC provided a significant savings over the private competitor, and expects to save the cl...

GCBC’S MEG ROBERSON ATTENDS GO RED FOR WOMEN SUMMIT

Meg Roberson, Gulf Coast Business Credit National Sales Manager, recently attended the 2014 Austin Go Red for Women Summit on February 26, 2014. Being that heart disease is the #1 killer of women, Roberson joined millions of women during the summit to help increase awareness and take charge of their heart health. The summit’s keynote speaker was Star Jones who is an attorney, author, television personality, and American Heart Association National Volunteer. As the world’s largest network standi..

GCBC PROVIDES A $500M WORKING CAPITAL FACILITY TO TEXAS BASED OILFIELD SERVICE COMPANY

Gulf Coast Business Credit (GCBC) recently provided a $500M working capital facility to an oilfield services company headquartered in Texas. The company has been in the oilfield service industry for over 25 years placing a high priority on safety and training. Specializing in hydraulic fracturing, the company offers services ranging from Frac pumpdown pumps, grease packages, pressure washers, vacuum trucks, test pumps to stack lifts. Referred by their banker, GCBC’s accounts receivable produc...

GCBC Closes an Array of Deals

Gulf Coast Business Credit recently closed deals consisting of a $3 million working capital facility for a Texas based transportation company, a $3 million working capital facility for an Arkansas based staffing company, and a $2 million working capital facility for a Louisiana based oilfield service company.

GCBC PROVIDES A $2 MILLION WORKING CAPITAL FACILITY TO PERFORMANCE APPAREL

Gulf Coast Business Credit (GCBC) recently provided a $2 million working capital facility to a performance sports clothing distributor. The company produces and distributes bamboo-based performance apparel. The bamboo is mixed with cotton to create a new performance material that has all the benefits of polyester, but with none of the downfalls. As a current client of GCBC, the owner reached out directly to explore financing options with GCBC. “The company’s previous bank was not able to give t...

GCBC’S ADAM LANDRY HELPS A VARIETY OF COMPANIES REACH THEIR FULL GROWTH POTENTIAL

Gulf Coast Business Credit’s Adam Landry recently closed deals consisting of a $1.5 million working capital facility for an oilfield drilling video surveillance company, a $500 thousand working capital facility for a transportation broker, and a $250 thousand working capital facility for an oilfield staffing company. Prior to joining Gulf Coast Business Credit (GCBC) in April 2012, Landry worked for a staffing company while completing his Masters of Business Administration from Southeastern Lou...

GCBC ATTENDS 11TH ANNUAL ACG TEXAS CAPITAL CONNECTION CONFERENCE IN HOUSTON

Gulf Coast Business Credit’s Meg Roberson and Chrissy Sphar  recently attended the 11th Annual Association for Corporate Growth (ACG) Texas Capital Connection Conference in Houston, Texas held March 4-5, 2014 in Houston, Texas. With over 1200 attendees, the convention included a women’s forum luncheon and rodeo on opening night. It is one of the most significant private equity and debt capital events in Texas and the Southwest. As one of the largest in the country, this Capital Connection Marketplace brings more than 100 of the nation’s leading private equity and mezzanine firms to Texas representing more than ...

GCBC TO ATTEND ACG “HOT INDUSTRY PANEL” IN AUSTIN, TEXAS

The Association for Corporate Growth (ACG) Central Texas Chapter will host a “Hot Industry Panel” luncheon on Wednesday, March 19, 2014 in Austin, Texas from 11:30AM to 1:00PM. Gulf Coast Business Credit’s (“GCBC”) Meg Roberson, Chrissy Sphar, Celena DeFreitas and Zachary Daiber are scheduled to attend this event. Join ACG Central Texas and the GCBC attendees for a candid conversation with three of the region's most respected industry experts, Matthew Crawford, Founding Managing Director of PTV...

GCBC PROVIDES $1.5 MILLION WORKING CAPITAL FACILITY TO LOUISIANA BASED OILFIELD SUPPLY COMPANY

Gulf Coast Business Credit recently provided a $1.5 Million working capital facility to an oilfield supply company headquartered in Louisiana. The oilfield supply company was started by a husband and wife over 12 years ago. The company provides an array of products and equipment to oil companies. Unable to obtain traditional financing, the company sought out factoring solutions to help manage their cash flow.http://gulfcoastbc.com/news

GCBC ATTENDS WOMEN’S ENERGY NETWORKING EVENT

Gulf Coast Business Credit’s recently attended the Women’s Energy Network (WEN) Networking Happy Hour on March 20, 2014. The event was hosted by the WEN South Texas Chapter to celebrate pioneering women in the Energy Industry during National Women’s History Month. During the event, Dress for Success was promoted to collect new or used business attire for both women and men. WEN is an international organization of professional women with a mission to provide networking o...

GCBC TO ATTEND MID-AMERICA TRUCKING SHOW

Gulf Coast Business Credit’s (GCBC) Stuart Wrba will be attending the Mid-America Trucking (MAT) Show March 27-29, 2014 in Louisville, Kentucky. With over 1,000 exhibitors and over 78,000 attendees, MAT is the world’s largest annual heavy-duty trucking event. The convention provides face-to-face interactions between trucking industry representatives and professionals. Attendees are able to gain insights on current topics in the trucking industry as well as learn about the lates...

GCBC HIRES ZACHARY DAIBER AS CREDIT ANALYST

Due to a significant increase in new deal flow and growth in the existing client base, Gulf Coast Business Credit (GCBC) recently hired Zachary Daiber as a Credit Analyst. With a Bachelor of Business Administration from The University of Texas at Austin, Daiber joins GCBC with a background in business analytics and sales. Daiber is also a Level II candidate in the Chartered Financial Analysts (CFA) Program. Daiber will play a vital role at GCBC by assisting in increasing the underwriting bandwi...

GCBC SPONSORS PROFESSIONAL ADVISORY PANEL LUNCHEON

Gulf Coast Business Credit (GCBC) sponsored the Professional Advisory Panel Luncheon on March 25, 2014 in Midland, Texas. The luncheon was hosted by the University of Texas of the Permian Basin (UTPB) Small Business Development Center. During the event, attendees were able to engage with panelists and get professional advice on accounting, legal, financing, and accounts receivable financing matters. Panelists included Mike Dunlap, CPA at Dunlap & Company; Jack Najarin, Attorney at Todd Law ...

GULF COAST BUSINESS CREDIT CONTINUES THE UPWARD TREND

Gulf Coast Business Credit (“GCBC”) continued its consistent upward trend and posted a 25% increase in average portfolio growth for calendar year 2013. This marks the third consecutive year of significant portfolio growth for GCBC. “The last couple of years have been extremely rewarding as a company.

GCBC TO ATTEND SNL COMMUNITY BANKERS CONFERENCE

Gulf Coast Business Credit (GCBC)’s Stuart Wrba and Troy Zupancic will be attending the 3rd Annual SNL Community Bankers Conference April 8-10, 2014 in Irving, Texas. The SNL Community Bankers Conference allows successful bank executives, board members, regulators, consultants and Wall Street professionals to share their vision and opinions of strategic issues facing community banks. Offering a variety of discussion panels, networking events, and one-on-one conversations, the conference will fo...

GCBC TO ATTEND TMA SOUTHWEST CROSS BORDER REGIONAL CONFERENCE

Gulf Coast Business Credit (GCBC)’s Celena De Freitas and Chrissy Spar will be attending the 8th Annual Turnaround Management Association (TMA) Southwest Cross Border Regional Conference April 9-11, 2014 in Austin, Texas. GCBC will sponsor a cocktail reception during the conference. The conference will focus on past, present, and future national economic issues and challenges as well as national investment objectives and limitations. Financial professionals will be able to discuss opportunities...

GCBC RECENT FUNDINGS & FIRST QUARTER DOUBLE DIGIT GROWTH

In 2013, Gulf Coast Business Credit (GCBC) consistently provided working capital solutions to a variety of companies. With a 25% increase in average portfolio growth for calendar year 2013 and Q114 continuing this upward trend with double digit growth, GCBC owes a special thank you to all referral sources in making this progress possible. Recent fundings included deals such as a $250,000 working capital facility to a Louisiana based specialty food company, a $500,000 working capital facility to...

GCBC TO ATTEND RISK MANAGEMENT ASSOCIATION CONFERENCE

Gulf Coast Business Credit (GCBC)’s Elliot Smith and Frank Sorrel will be attending the 61st Risk Management Association (RMA) Texas Spring Conference on April 17-18, 2014 in Houston, Texas. The conference will include featured topics on the economy, energy, real estate, audit and loan review, cyber security, and social networking. To learn more about the conference, visit www.community.rmahq.org/texas/home. RMA is a not-for-profit professional association that focuses on credit, market, and op...

A SPOTLIGHT ON WADE HLADKY, GCBC’S PRESIDENT & CEO

Wade Hladky, Gulf Coast Business Credit (GCBC)’s President and CEO, positions GCBC to take advantage of opportunities that come their way. As an experienced accounts receivable financing professional, Hladky joined GCBC in 2000 as the COO and became President and CEO in 2011. With an experienced staff in place, Hladky’s goal and mission for GCBC is to obtain growth through a well-rounded and diverse portfolio. As of March 31, 2014, GCBC experienced double digital growth with recent fundings tha...

GCBC PROVIDES $7 MILLION WORKING CAPITAL FACILITY TO LOUISIANA BASED STAFFING COMPANY

Gulf Coast Business Credit (GCBC)’s Adam Landry recently provided $7 million working capital facility to a Louisiana based staffing company. In the previous year, Landry reached out to the staffing company directly; however, the staffing company was not looking to switch accounts receivable financing firms at the time. The staffing company decided to contact GCBC recently because their current firm was unable to supply the capital needed. “GCBC is able to provide them as much availability as ne...

GCBC’S LIZ EVANS

In August 2013, Gulf Coast Business Credit’s Liz Evans earned the Certified Factoring Account Executive (CFAE) designation authorized by the International Factoring Association (IFA). The CFAE measures a candidate’s competency and skill in the factoring profession. The skills and competency measurements were determined through a rigorous development process that involved the participation of industry professionals nationwide. With over 13 years of experience in banking, Evans currently serves a...

GCBC COLLABORATES TO PROVIDE A $400K WORKING CAPITAL FACILTY TO A TRANSPORTATION COMPANY

Gulf Coast Business Credit recently provided a $400K working capital facility to a Tennessee based transportation company. The company was referred by an insurance provider that focuses on the transportation sector. The company was seeking accounts receivable financing because they had exhausted their current line of credit with a local bank. In order for the company to add more trucks and increase business with their current customers, GCBC collaborated with their local b...

GCBC ANNUAL EMPLOYEE WEEKEND ON THE MISSISSIPPI GULF COAST

Since Gulf Coast Business Credit (GCBC) employees are located nationwide, the upper management team recently hosted their annual employee weekend on the Mississippi Gulf Coast. This southern weekend retreat included an inshore fishing tournament, relaxation on the Jourdan River, and of course a crawfish boil! The weekend started off on Friday with an inshore fishing tournament comprised of sales team members and upper management. Teams were led by Wade Hladky, Meg Roberson, and Chuck McDowell.

ARKANSAS BASED TRANSPORTATION COMPANY THANKS GCBC

What are customers saying about Gulf Coast Business Credit (GCBC)? During the Mid-America Trucking Show in March 2014, an Arkansas based transportation company visited the GCBC booth solely to thank GCBC. This particular company was brought to GCBC during the Mid-America Trucking Show in 2013 in which GCBC’s Stuart Wrba provided $1 million working capital facility. The customer from the Arkansas based transportation company had this to say, “I admit I was very nervous about the move, but GCBC ...

A SPOTLIGHT ON LIZ JENKINS

Gulf Coast Business Credit (GCBC)’s Liz Jenkins continually provides exceptional leadership and experience with her role as Vice President, Operations Manager. With over 17 years of experience in factoring and 7 years at GCBC, Jenkins specializes in the transportation industry. Jenkins graduated with a paralegal degree from Louisiana State University and is a certified legal assistant as well as a civil law notary for Louisiana. “I am part of a great team and enjoy working for GCBC. My colleagu...

TOP REFERRAL SOURCES ENJOY HOUSTON ASTROS BASEBALL GAME

Gulf Coast Business Credit recently hosted their 10th Annual Astros Extravaganza event Wednesday night to honor top referral sources. Top referral sources were able to enjoy a night of baseball, dinner, and drinks at the Budweiser Patio of Houston Astros’s Minute Maid Park. The Budweiser Patio is an exclusive area that offers guests a VIP experience and is a prime vantage point in Center Field next to the Astros Bullpen. “The Astros event is a top notch GCBC outing where our guests can feel a p...

GCBC ATTENDS 114TH ANNUAL LBA CONFERENCE & EXPOSITION

Gulf Coast Business Credit (GCBC)’s Adam Landry and Chrissy Sphar recently attended the 114th Annual Louisiana Bankers Association (LBA) Conference & Exposition held in New Orleans, Louisiana from May 7-9, 2014. The Annual LBA Conference & Exposition is intended to bring together bankers across Louisiana with a mission to help banks grow and prosper. As an exhibitor of the LBA conference, GCBC decided to host an opening night after-party event to get to know everyone. The after-party ev...

A SPOTLIGHT ON CHUCK MCDOWELL: A CAREER IN TRANSPORTATION FACTORING

Gulf Coast Business Credit (GCBC)’s Chuck McDowell serves as the President of Transportation, a division of GCBC devoted to the transportation industry. The GCBC transportation division offers over 30 years of dedicated service in providing capital to trucking companies nationwide. As a transportation factoring executive for 18 years, McDowell studied finance at LSULSU and received his MBA from The University of Michigan. When asked about his career in transportation factoring, McDowell said, “...

GCBC’S MEG ROBERSON ATTENDS CFA CONFERENCE

Gulf Coast Business Credit (GCBC)’s Meg Roberson recently attended the Commercial Finance Association (CFA)’s Independent Finance & Factoring Roundtable Conference May 14-16, 2014 in Dallas, Texas. The conference brought together owners and senior executives from factoring companies nationwide to discuss current issues and ways to address those issues. Panels and discussions took place during the conference covering a variety of topics including sales, funding sources, social media, and co...

GCBC ATTENDS WILLISTON BASIN PETROLEUM CONFERENCE

Gulf Coast Business Credit (GCBC)'s Stu Wrba and Robert James recently attended the 2014 Williston Basin Petroleum Conference in North Dakota May 20-22, 2014. This international conference was hosted by The North Dakota Petroleum Council, North Dakota Department of Mineral Resources, and the Saskatchewan Ministry of the Economy. The conference welcomed anyone with an interest in the oil and gas industry. Top industry leaders traveled nationwide to discuss emerging Bakken technologies and develo...

GCBC FUNDS 12 NEW DEALS IN MAY

Gulf Coast Business Credit (GCBC) announced the funding of 12 new Factoring and Asset Based Lending (ABL) relationships from the month of May. Among the 12 new client relationships were a $150,000 working capital facility to a Louisiana based marine transportation company, a $500,000 working capital facility to a Wyoming based oil & gas services company and a $1,250,000 working capital facility to a Texas based oilfield transportation company. The Louisiana based marine transportation compa...

REGISTER FOR THE ACG CENTRAL TEXAS & EO AUSTIN GROWTH AWARDS LUNCHEON ON JUNE 11TH, 2014!

ACG Central Texas Chapter & EO Austin will be presenting the Growth Awards Luncheon on June 11th from 11:30am to 1:30pm at The Four Seasons Hotel in Austin, Texas. EO Austin will present the Rockstar Entrepreneur of the Year Award to Dustin Wells, CEO of Headspring. ACG Central Texas will announce and present business awards at the luncheon to companies recognized for excellent growth and financial performance within the following four categories: · Annual Revenues Up to $25M Headquartered...

GCBC’S ADAM LANDRY ATTENDS LOGA SPORTING CLAYS EVENT

Gulf Coast Business Credit’s Adam Landry recently attended the Louisiana Oil and Gas Association (LOGA)’s Sporting Clays event June 5-6, 2014 in Benton, Louisiana. The event featured a skeet shooting tournament held at Los Paloma Sporting Range & Event Center with unique shooting stations spread out over 80 acres. Gulf Coast Business Credit (GCBC) sponsored a station where sporting clays were thrown onto a hidden trampoline and would bounce straight into the air for competitors to shoot. Th...

GCBC’S ALLISON GUILLOT TAKES HER ROLE TO THE NEXT LEVEL

By playing a vital role in training as well as servicing a large portfolio on a day to day basis, Allison Guillot takes her role as Account Executive II to the next level at Gulf Coast Business Credit (GCBC). With over 6 years of experience at GCBC, Guillot was promoted to Banking Officer 2 years ago. Currently Guillot manages and maintains over 30 client relationships with facility limits ranging from $100K to $5MM. Servicing a variety of industries, including a technology consulting group and...

GO MITCH GO FOUNDATION GOLF TOURNAMENT- HELP SUPPORT A GREAT CAUSE

The Go Mitch Go Foundation is hosting their Second Annual Austin Golf Tournament on Friday, October 17, 2014 to benefit cancer research and families impacted by cancer. The golf tournament is underwritten by Gulf Coast Business Credit (GCBC) and will be held at Onion Creek Golf Club located in Austin, Texas. Sponsorship opportunities ranging between $250 and $2,000 are available. The Go Mitch Go Foundation (“GMG”) was founded in 2009 in memory of Mitchell Graham Whitaker, who died of Acute Lymp...

GCBC’S ROBERT JAMES PROVIDES $500K WORKING CAPITAL FACILITY TO OIL & GAS COMPANY

Gulf Coast Business Credit (GCBC)’s Robert James recently provided a $500,000 working capital facility to a Wyoming based oil and gas service company. Referred to GCBC by a current client, the company will use the working capital to support expansion. The company provides vacuum truck, roustabout, painting, maintenance, pressure washing and environmental pad site services. “As a startup, they were looking for the most cost effective funding source without giving up equity and they found it with...

GCBC’S STUART WRBA ATTENDS THE CSP ANNUAL STAFFING & RECRUITING CONFERENCE

Gulf Coast Business Credit (GCBC)’s Stuart Wrba recently attended the California Staffing Professionals (CSP)2014 Annual Staffing & Recruiting Conference in Las Vegas, Nevada June 11-14, 2014. As an exhibitor, GCBC was able to mingle with owners and managers in the staffing and recruiting industry. The conference featured an intensive sales workshop and an optional recruiter retreat. CSP is a California based association that provides recruiting and staffing professionals support services i...

A SPOTLIGHT ON GCBC’S LAUREN MEAD

Gulf Coast Business Credit (GCBC)’s Lauren Mead adds value to the team in her role as an Account Executive II. With over 7 years of experience at GCBC, Mead manages companies with facility limits ranging from $100,000 to $3 million. The majority of the companies Mead manages are new to accounts receivable financing and consist of oilfield companies, trucking companies, international freight brokers, logistic companies and excavation companies. While managing these accounts, Mead also serves an ...

GCBC’S ADAM LANDRY PROVIDES $150K WORKING CAPITAL FACILITY TO TRANSPORTATION COMPANY

Gulf Coast Business Credit (GCBC)’s Adam Landry recently provided a $150,000 working capital facility to a Louisiana based marine transportation company in May. The company learned about GCBC through an outdoor billboard located in Louisiana. With GCBC’s accounts receivable financing, the company will continue to service the Gulf of Mexico by transporting a variety of liquids and fuel to passenger vessels. "It was easy for the owner to see the benefits of working with GCBC. We're extremely happ...

GCBC WELCOMES KATIE GERMAN TO AUSTIN

Due to hard work and a keen ability to learn, Gulf Coast Business Credit (GCBC)’s Katie German was recently promoted to a Business Development Officer. Beginning as a data entry clerk over two years ago at GCBC, Katie quickly became an Account Executive within one year for the Baton Rouge based production office. As an Account Executive, Katie serviced long time transportation industry clients with facility limits as little as $5k and as high as $4 million. In her new role as a Business Develop...

GCBC FUNDS 18 DEALS IN JULY

In the month of July, Gulf Coast Business Credit (GCBC) funded 18 new Factoring and Asset Based Lending (ABL) relationships.

5 HEALTHY GRAB & GO BREAKFASTS IDEAS

Most days of the week I start work bright and early at 6:00am and do not return home until after 8:00pm. It is important that I plan my meals ahead of time so I don’t find myself sitting in the chik-fil-a drive through. Here are some of my favorite grab & go meals along with an amazing pre-cooked breakfast recipe that can be used throughout an entire week.

SOCIAL MEDIA FOR SOCIAL GOOD WITH CENTSCERE

With an astounding amount of giving occurring due to the ALS Ice Bucket Challenge, why not give to a charity every time you post, like, or tweet? You can now turn your social media actions into social good with Centscere, a social media donation platform.

GCBC STRENGTHENS RELATIONSHIP WITH ONE OF INC. MAGAZINE’S & AUSTIN BUSINESS JOURNAL’S FASTEST GROWIN

As a division of Gulf Coast Bank & Trust Company (GCB), Gulf Coast Business Credit (GCBC) offers companies the best of both worlds: a bank relationship with the flexibility and customization of a specialty lender.

GUEST BLOGGER AMANDA MARTIN: HOW TO DEDICATE MORE TIME TO FITNESS

Fitness! It is a word we hear too often in our everyday lives but may not truly understand what the hype is all about. Fitness to me is equivalent to health and longevity. It is something that we should value in order to live happier, healthier, and longer lives!

Fitness isn’t defined by how good someone looks, but defined by how good someone feels. When we dedicate more time to health and fitness we sleep better, have more energy throughout the day, feel better, recover better and most importantly we decrease our chances of disease and illness.

Here are some quick tips for those looking to add some fitness and health into their daily routine.

GCBC PROVIDES $1.3 MILLION TO ENGINEERING STAFFING COMPANY

Gulf Coast Business Credit recently provide a $1.3 million working capital facility to an Arizona based engineering staffing company. Referred to GCBC by a business consultant, the engineering staffing firm reached out to GCBC to help reduce existing factoring costs. GCBC was able to offer a rate that provided substantial savings over their existing factor. "This company works on tight margins, and the savings we provided will aid the company to grow in a more cost...http://www.gulfcoastbc.com/

GCBC’S ADRYAN GLENNAN SUCCESSFULLY MANAGES THE HOUSTON OPERATIONS OFFICE

In her role as Vice President, Gulf Coast Business Credit (GCBC)’s Adryan Glennan successfully manages the Houston operation office’s portfolio and staff. naWith over 15 years of experience in the finance industry, Glennan joined GCBC 8 years ago. Along with her experience, Glennan graduated Cum Laude from Sam Houston State University with a Bachelor’s Degree in Sociology. Currently, Glennan is responsible for managing a mid-eight digit portfolio which includes staffing, trucking, and o...

GCBC’S STUART WRBA PROVIDES $250K WORKING CAPITAL FACILITY TO SHREDDING COMPANY

Gulf Coast Business Credit (GCBC)’s Stuart Wrba recently provided a $250,000 working capital facility to a California based business solutions company that provides scan, shred, storage and recycling services. This new client was referred to GCBC by an existing staffing client. “Our new client witnessed the seamless funding through our existing staffing client and as they expanded, reached out to GCBC to finance their growth needs. It was really a win for all parties involved.” said Wrba. GCB...

GCBC’S DARLENE CREPPEL BRINGS WEALTH OF KNOWLEDGE TO ACCOUNTING DEPARTMENT

Gulf Coast Business Credit (GCBC)’s Darlene Creppel is the division’s dedicated accounting and software specialist who leads by example in her role as Assistant Vice President, Accounting Manager. With 15 years of experience in accounts receivable financing and over 11 years with GCBC, Creppel brings a wealth of knowledge to the division. Previously serving as an account executive, Creppel understands the necessary tasks involved in managing a variety of portfolios. “Darlene always comes to w...

GCBC ATTENDS TULSA OILFIELD EXPO

Gulf Coast Business Credit (GCBC)’s Stuart Wrba and Troy Zupancic recently attended the Tulsa Oilfield Expo on June 4-5, 2014.

The event brought together oil and gas professionals from Texas and Oklahoma in Tulsa, an industry hotspot for oil and natural gas activity. GCBC was able to network with these professionals as well as support current clients attending the show.

2014 ACG GROWTH AWARD WINNERS & EO ROCKSTAR ENTREPRENEUR OF THE YEAR ANNOUNCED

ACG Central Texas Chapter & EO Austin recently presented the 2014 ACG Growth Awards and the 2014 EO Rockstar Entrepreneur of the Year Award at a luncheon held on June 11, 2014 in Austin, Texas.

Gulf Coast Business Credit (GCBC) served as a Platinum Level sponsor for the awards luncheon. The luncheon featured keynote speaker Erik Qualman, providing attendees with a summarized version of his book Socialnomics. “Socialnomics” is a term Qualman coined explaining how social media transforms the way we live. Check out Qualman’s video on Socialnomics here.

GCBC’S KAYLA NELSON MANAGES $6 MILLION PORTFOLIO

Gulf Coast Business Credit (GCBC) is continually growing their portfolio to include a variety of industries where a significant amount of responsibility is placed on employees like Kayla Nelson to maintain relationships. With over 9 years of experience in accounts receivable financing, Nelson graduated from Southeastern Louisiana University and has worked for GCBC for the past 7 years. Nelson is an Account Executive II based out of GCBC’s Baton Rouge, Louisiana office. Tasked with training ne...

JULY 9-10TH VISIT GCBC AT THE SOUTH TEXAS OILFIELD EXPO, BOOTH 955

Gulf Coast Business Credit (GCBC)’s Celena De Freitas, Katie German, Elliot Smith, and Stuart Wrba will be attending the 2014 South Texas Oilfield Expo in San Antonio, Texas July 9-10, 2014. This expo brings thousands of oilfield companies operating in the Eagle Ford Shale together every year to network. GCBC will be attending as an exhibitor providing attendees with information in regards to accounts receivable financing solutions. If you plan to attend the expo, please visi...

GCBC’S STUART WRBA PROVIDES $1,250,000 WORKING CAPITAL FACILITY TO OILFIELD TRANSPORTATION

Gulf Coast Business Credit (GCBC)’s Stuart Wrba recently provided a $1,250,000 working capital facility to a Texas based, oilfield transportation company. With a prior background in the transportation industry, the company came to GCBC through the 2014 East Texas Oilfield Exposition. GCBC’s working capital facility will allow the company to successfully maintain growth in their services. The transportation company transports bulk sand for oil and gas well fracturing as well as provides an arr...

GCBC ATTENDS THE GREAT AMERICAN TRUCKING SHOW

Gulf Coast Business Credit (GCBC)’s Stuart Wrba and Troy Zupancic recently attended The Great American Trucking Show (GATS) August 27-29, 2015 in Dallas, Texas.

THE HYPE OF UBER: A SAN FRANCISCO BASED RIDE SHARING STARTUP

Any press is good press, right? Uber, a San Francisco based ride sharing service, continues to receive press recognition by a multitude of medias worldwide.

GCBC’S ASHLEY SCLAFINI MANAGES PORTFOLIO OF 25 CLIENTS

Gulf Coast Business Credit (GCBC) places a significant amount of responsibility on employees like Ashley Sclafini to manage client relationships.

TASKRABBIT: A UNIQUE STARTUP

Is your to-do list getting too long? TaskRabbit, a San Francisco based startup company founded in 2008, offers a unique service that connects you to people in your neighborhood to outsource tasks to.

GCBC’S MIKE THERIOT PLAYS CRUCIAL ROLE IN ASSISTING NEW CLIENT RELATIONSHIPS

As Assistant Credit Manager, Gulf Coast Business Credit (GCBC)’s Mike Theriot plays a crucial role in assisting new client relationships. Theriot has worked for GCBC for nearly 6 years and has over 12 years of experience in the factoring and asset based lending industries. Theriot graduated from the University of New Orleans with a Bachelor’s Degree in Business Administration and is an alumni of Holy Cross High School. At GCBC, Theriot is responsible for assisting clients in making sound cred...

GCBC’S ANGELA LONG MANAGES A VARIETY OF CLIENT RELATIONSHIPS

Gulf Coast Business Credit(GCBC)’s Angela Long is tasked with a significant amount of responsibility to manage a variety of client relationships. Long has worked for GCBC for four years and has over 10 years of banking experience. With a Bachelor’s Degree in Finance from Southeastern Louisiana University, Long proves to be highly knowledgeable in her role as an Account Executive II based in our Covington office. Long currently manages a portfolio made up of over 26 client relationships. These...

SIMPLE SUCCESS SOLUTIONS -  PART 1: CREATE A MISSION STATEMENT - PANDORA RADIO

What does it take to be successful? Many entrepreneurs and startup companies constantly ask themselves this question. One way to be successful is to create a mission statement and most importantly, follow it! Pandora Radio, a highly successful internet radio service, was once a startup company back in 2000.  They created a mission statement which was “To play only music you’ll love.” In order to carry out this mission statement, they started the Music Genome Project®.

GCBC’S CHRISSY SPHAR SUPPORTS NATIONAL SALES TEAM

Gulf Coast Business Credit (GCBC)’s Chrissy Sphar serves a vital role in supporting the GCBC national sales team as a Sales Administrator and Credit Analyst.

SIMPLE SUCCESS SOLUTIONS - PART 2: HIRE THE RIGHT PEOPLE - STARBUCKS

What does it take to be successful? Gulf Coast Business Credit (GCBC)’s "Simple Success Solutions" is a series which examines entrepreneurial and startup success stories. This week’s tip is to hire the right people!

GCBC’S STUART WRBA & TROY ZUPANCIC ATTEND OKC OILFIELD EXPO

Gulf Coast Business Credit (GCBC)’s Stuart Wrba and Troy Zupancic recently attended OKC Oilfield Expo October 1-2, 2014 in Oklahoma City, Oklahoma.

Simple Success Solutions - Part 3: Put Customers First - Costco

Take a lesson from Costco and put your customers first.  As one of the largest retailers in the world, Costco originally opened as Price Club nearly 40 years ago in San Diego, California with a mere $2.5 million raised by friends and family.

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.

GCBC’s Robert James Provides $1 Million Working Capital Facility to Texas Oilfield Services Company

Gulf Coast Business Credit (GCBC)’s Robert James recently provided a $1,000,000 working capital facility to a Texas based oilfield services company.

Staffing Companies: Is Your Partner Keeping You Up At Night?

Staffing companies are well positioned for strong growth in today’s economy, but finding the right financial partner and products to allow companies to take advantage of this opportunity may be keeping some execs up at night.

GCBC Provides $3 Million Working Capital Facility to South Texas Transportation Company

Gulf Coast Business Credit (GCBC) recently provided a $3,000,000 working capital facility to a South Texas based transportation company.

GCBC’s Spotlight on Tiffany Slocum

Gulf Coast Business Credit (GCBC)’s Tiffany Slocum proves to be an asset to the accounting department in her role as a Data Clerk.

Allow us to ‘Illustrate’ How GCBC Can Help Commercial Lenders Stress Less in 2015

Commercial Lenders: Need a New Year's Resolution? How about letting Gulf Coast Business Credit help you stress less?

GCBC Partners with Community Bank in Working Capital Solution for LA Based Oilfield Service Company

Gulf Coast Business Credit (GCBC) owes much of their success to bank referral sources.  Recently, GCBC partnered with a community bank and provided a $1 million working capital facility to a Louisiana based oilfield service company.

Commercial Lender Refers A Louisiana Based Oil & Gas Services Company To GCBC

Recently, GCBC was able to provide a $500,000 working capital facility to a Louisiana based oil and gas servicing company which was referred by a local bank commercial lender.

Commercial Bank Introduces GCBC and Provides a Customized Solution for their Client

Recently, Gulf Coast Business Credit (GCBC) was able to provide a $150,000 working capital facility to a South Texas based oilfield services company.  The company was referred to GCBC by a commercial lender that could not get the company approved for an increase to their line of credit.

Staffing Client Refers Colorado Based Staffing Company To GCBC

Gulf Coast Business Credit (GCBC) recently provided a $500,000 working capital facility to a Colorado based staffing company that primarily provides blue collar labor.  The company was referred by a current GCBC client.  “The highest compliment our customers can give us is a referral,” said Meg Roberson, National Sales Manager for Gulf Coast Business Credit.  We appreciate referrals and look forward to providing the same superior customer service to our new temporary staffing client.

2014 NISA Conference Refers North Dakota Based Staffing Company to GCBC

Gulf Coast Business Credit (GCBC) recently provided a $100,000 working capital facility to a North Dakota based staffing company who was referred to GCBC while attending the 2014 National Independent Staffing Association (NISA) Conference.

GCBC to Attend NISA Owners Meeting Feb. 25th & 26th, 2015

As a preferred partner of the National Independent Staffing Association, Gulf Coast Business Credit will be attending the NISA Owners Meeting February 25th & 26th, 2015 in Las Vegas, Nevada.

GCBC’s Stuart Wrba Provides $7 Million Working Capital Facility To California Staffing Company

Gulf Coast Business Credit (GCBC)’s Stuart Wrba recently provided a $7 million working capital facility to a California based staffing company during GCBC’s “28 Days of Staffing” promotion in February.

GCBC Welcomes Jeremy Talton as VP, Business Development Officer for Houston Market

Gulf Coast Business Credit (GCBC) recently welcomed Jeremy Talton as Vice President, Business Development Officer for the Houston, Texas market.

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.

GCBC Provides $500,000 Working Capital Facility to Kentucky Based Freight Company

Gulf Coast Business Credit recently provided a $500,000 working capital facility to a Kentucky based freight company.

GCBC to Attend Mid-America Trucking Show March 26-28, 2015

As Gulf Coast Business Credit’s Freight Fast Track promotion continues, GCBC will be attending the Mid-America Trucking Show (MATS) March 26-28, 2015 in Louisville, Kentucky. 

GCBC Funds a $100,000 Working Capital Facility for a Startup Transportation Company

Gulf Coast Business Credit recently provided a $100,000 working capital facility to a Tennessee based startup trucking company.

GCBC To Attend Ark-La-Tex Oilfield Expo April 1-2, 2015

Gulf Coast Business Credit will be attending the 2015 Ark-La-Tex Oilfield Expo in Shreveport, Louisiana April 1-2, 2015.

Why You Should Attend the Mid-America Trucking Show

As the world’s largest heavy-duty trucking event, people from all over attend the Mid-America Trucking Show (MATS) each year. In fact, this year’s show proved to be a huge success by setting an all-time record breaking attendance record of 81,768 attendees and a new record for the average exhibit space per exhibitor with 1,064 exhibitors spread throughout 1.2 million square footage of exhibit space.

GCBC’s Robert James Funds $3 Million Freight Factoring Deal for TX Based Oilfield Trucking Company

Gulf Coast Business Credit (GCBC) recently funded a $3 million factoring deal for a Texas based oilfield transportation company during their Freight Fast Track promotion.

GCBC’s Tom McGaughy & Jeremy Talton to Attend RMA Texas Spring Conference April 9-10th

Gulf Coast Business Credit (GCBC)’s Tom McGaughy and Jeremy Talton will be attending the 62nd Risk Management Association (RMA) Texas Spring Conference on April 9th & 10th, 2015 in San Antonio, Texas.

What Is Freight Factoring?

Freight factoring is a way for trucking companies to receive immediate payment from their customers, instead of waiting 30 to 90 days. By converting freight bills to cash quickly, freight factoring helps transportation companies improve and manage their cash flow.