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Community Banker Refers Oklahoma Based Manufacturer to GCBC for its Invoice Factoring Needs

Community Banker Refers Oklahoma Based Manufacturer to GCBC for its Invoice Factoring Needs

Gulf Coast Business Credit (GCBC)’s John Whitaker recently funded a $500,000 working capital facility to an Oklahoma based manufacturer that was referred by a community banker. 

GCBC Starts New Year Off With A Bang By Funding 15 Deals In January

GCBC Starts New Year Off With A Bang By Funding 15 Deals In January

Gulf Coast Business Credit (“GCBC”) started the New Year off with a bang! In the month of January, GCBC funded 15 new Factoring and Asset Based Lending (ABL) relationships.

Factoring Companies: What is Factoring and How Can it Help your Business?

Factoring Companies: What is Factoring and How Can it Help your Business?

Every business needs access to cash. While maintaining sufficient cash flow can be difficult, successful businesses require it for ongoing operations and to fund growth opportunities. Factoring is a way that businesses which ordinarily have to wait 30 to 60 days to receive payment from a customer can turn their accounts receivable into instant cash. It’s sometimes called “invoice factoring,” “accounts receivable factoring,” or “accounts receivable financing.”

Start the Summer with Referral Rewards and Win a Yeti Cooler!

Start the Summer with Referral Rewards and Win a Yeti Cooler!

Gulf Coast Business Credit would like to acknowledge those who’ve helped shape our business. With our Referral Rewards program, if you send us a prospect and that prospect becomes a client, we’ll send you a Yeti Tundra 35 cooler. You only need to refer us the deal before June 30th to qualify. As long as the deal closes in 2016, you’ll be ready for adventure with a new Yeti Tundra cooler!

Commercial Lender Refers Texas Based Service Provider to GCBC

Commercial Lender Refers Texas Based Service Provider to GCBC

Gulf Coast Business Credit recently funded a $1,500,000 working capital facility for a Texas based service provider that was referred by a Texas based senior level commercial lender.

Commercial Lender Refers Louisiana Based Staffing and Industrial Contractor to GCBC

Commercial Lender Refers Louisiana Based Staffing and Industrial Contractor to GCBC

Gulf Coast Business Credit (GCBC) recently funded a $2,500,000 working capital facility for a Louisiana based staffing and industrial contractor that was referred by a Louisiana community banker.

GCBC finishes strong Q3 with 43 fundings

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.

Article Posted On: October 29, 2019

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