Other News
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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.
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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 To Participate In Kinley Klassic On May 18th in Oklahoma City

Gulf Coast Business Credit (GCBC) will be participating in the 1st Annual Kinley Klassic, a golf tournament on May 18, 2015 in Oklahoma City benefitting Cardio-Facio-Cutaneous (CFC) International.
Article Posted On: May 18, 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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GCBC’s John Whitaker to Attend Community Bankers Association of Oklahoma Convention

Gulf Coast Business Credit (GCBC)’s John Whitaker will be attending the Annual Community Bankers Association of Oklahoma (CBAO) Convention in Oklahoma City, Oklahoma September 9 - 11, 2015.
Article Posted On: September 09, 2015
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GCBC to Attend 2015 NISA National Conference

As a preferred partner of the National Independent Staffing Association (NISA), Gulf Coast Business Credit (GCBC)’s John Whitaker and Stuart Wrba will be attending the 2015 NISA National Convention September 15-17th in Charleston, South Carolina.
Article Posted On: September 15, 2015
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GCBC’s John Whitaker Continues to Lead Oklahoma Based Office

Gulf Coast Business Credit (GCBC) recently welcomed John Whitaker as Vice President, Business Development to start-up a new office in Oklahoma.
Article Posted On: October 07, 2015
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GCBC Attends the 2015 OKC Oilfield Expo

Gulf Coast Business Credit (GCBC)’s John Whitaker and Stuart Wrba attended the 2015 OKC Oilfield Expo October 14-15th in Oklahoma City, Oklahoma.
Article Posted On: January 15, 2016
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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.
Article Posted On: February 10, 2016