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...
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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...
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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...
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GCBC ATTENDS IFA’S 20TH ANNUAL FACTORING CONFERENCE
Gulf Coast Business Credit (GCBC)’s Wade Hladky, Meg Roberson, Chuck McDowell, & Liz Jenkins recently attended the 20th Annual Factoring Conference in San Francisco, California from April 9-12, 2014. As the world’s largest conference dedicated to financial institutions that offer factoring, asset based lending and accounts receivable financing, the conference included an array of presentations on topics such as succession planning, reverse factoring, current trends in asset based lending, a...
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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...
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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...
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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...
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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.
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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 ...
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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...
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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...
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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...
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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
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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...
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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 ...
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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...
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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...
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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.
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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...
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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..
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