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.
Gulf Coast Business Credit Hires Aaron Renaud as New Underwriter
Austin, TX - Gulf Coast Business Credit (“GCBC”), a nationwide provider of accounts receivable finance and asset based lending, is pleased to announce the recent hiring of Aaron Renaud as Underwriter in their Austin, TX location. “We are excited and feel fortunate to welcome Mr. Renaud to the GCBC team. Aaron will play a key role to support recent portfolio acquisition and continued organic growth,” said Meg Roberson, GCBC’s National Sales Manager.
GCBC Hires Rochinda Archuleta as Project Manager
Due to substantial growth, Gulf Coast Business Credit (GCBC) recently hired Rochinda Archuleta as Project Manager.
GCBC’s Ryan Dendinger moves to Dallas Market
Gulf Coast Business Credit (“GCBC”), the factoring and asset based lending division of Gulf Coast Bank & Trust Co., announced major success in the first half of 2018 leading to an exciting move for GCBC Business Development Officer, Ryan Dendinger, to the DFW Metroplex. Ryan will join the Dallas team at the 5949 Sherry Lane, Park Cities location with approximately 25 other employees located in that regional office to date. Prior to his move, Ryan was an Underwriter for GCBC out of the Austin, TX location.
GCBC Assists in Hurricane Harvey Relief
While Hurricane Harvey has come and gone, the devastation it brought continues to be felt throughout the Texas coast and other affected areas. Thankfully, we are nearing the end of hurricane season (officially November 30th, with peak season ending October 31st), but relief efforts to help those who’ve been affected have not.
Article Posted On: October 25, 2017