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.
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.
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.
The staffing company specializes in providing virtual office services, office support, management, and sales professionals for the industrial, medical, and legal industries. As a preferred partner of NISA, the staffing company trusted that GCBC would offer the best solution to help improve cash flow, assist in managing growth and take advantage of new opportunities.
The staffing industry faces unique challenges, GCBC provides the financial support to help companies grow and take advantage of opportunities. Gulf Coast Business Credit is dedicating February 2015 to educating Staffing Companies on how we can help you make payroll and keep your staff happy and productive. Gulf Coast is so confident that we are the right solution for your staffing factoring needs, we are offering to waive your first month’s fees if you sign on this February! To sign up, just vist our 28 Days of Staffing home page.
You can contact GCBC by phone at 866-577-8867, or by email at email@example.com. GCBC has production offices located in Colorado, Georgia, Louisiana, Oklahoma, Tennessee, and Texas. GCBC is a division of Gulf Coast Bank & Trust Co., one of the largest community banks headquartered in Louisiana.
Please join GCBC’s LinkedIn Staffing Industry Group by clicking the following link: Gulf Coast Business Credit Staffing Industry Group. To keep up to date with GBCBC, please like our Gulf Coast Business Credit Facebook Page.
Article Posted On: February 24, 2015