Make a splash this 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 with your favorite college or pro team's logo. You only need to refer us the deal before July 15th to qualify. As long as the deal closes in 2017, you’ll be ready for adventure with a new Yeti Tundra cooler!
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How Factoring Companies Can Help Business Bankers Retain Customers and Stress Less
How can factoring companies help business bankers retain customers and stress less? As part of our Referral Rewards promotion running through March 16th, we'd like to take a moment to "illustrate." Get it?
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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.
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How Can Factoring Companies Assist Commercial Lenders?
How can factoring companies assist commercial lenders? With strategic partnerships, Factoring Companies can help Commercial Lenders retain their customers by offering complementary products.
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Tip Off 2017 with Referral Rewards and Win a Yeti Cooler!
To tip off 2017, 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 with your favorite college or pro team's logo. To enter, simply refer us the deal before the NCAA Tournament tips off on March 16th. As long as the deal closes before 2018, you’ll be ready to kick off the season with a new Yeti Tundra cooler!
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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.
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Happy National Truck Driver Appreciation Week
Gulf Coast Business Credit (“GCBC”) would like to take a moment, in honor of National Truck Driver Appreciation Week, to thank all of the hard working and dedicated truck drivers who deliver our country’s freight. Without them, critical goods like medicine, school books and food would not find their way into the hands of those who need them.
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GCBC Hires Alex Eaton as Credit Analyst
As new deal flow and the existing client base continue to grow significantly, Gulf Coast Business Credit (GCBC) continually looks to stay ahead of the curve. With this growth in mind, GCBC recently hired Alex Eaton as a Credit Analyst.
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GCBC kicks off Summer ’16 by funding 40 New Deals
Gulf Coast Business Credit (“GCBC”) started Summer 2016 off with a big splash! During May and June, GCBC funded 40 new Accounts Receivable Factoring and Asset Based Lending (ABL) relationships. Amongst the 36 new client relationships there was a $150,000 working capital facility to a Texas based transportation company, a $750,000 working capital facility to a Louisiana based oilfield service company, and a $500,000 working capital facility to a California based staffing company.
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Community Banker Refers Louisiana Based Marine Electrical Services Company to GCBC
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $2,000,000 working capital facility for a Louisiana based marine electrical services company that was referred by a Louisiana community banker.
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Gulf Coast Business Credit Welcomes Summer Interns!
Gulf Coast Business Credit (“GCBC”), the working capital finance division of Gulf Coast Bank & Trust, is pleased to announce its team of interns. GCBC looks forward to spending the summer with Conner Daigle, Lara Garton, Logan Keenan and Raveen Patel.
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Community Banker Refers Louisiana Staffing Company to GCBC
Gulf Coast Business Credit (GCBC)’s Adam Landry recently funded a $1,500,000 working capital facility for a Louisiana based staffing company that was referred by a Louisiana community banker.
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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!
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GCBC Provides Funding to Variety of Staffing Companies
Over the years, Gulf Coast Business Credit (“GCBC”)’s accounts receivable factoring has helped a variety of staffing companies grow. Amongst the new Accounts Receivable Factoring and Asset Based Lending (ABL) relationships funded in 2016 to staffing companies, there was a $90,000 working capital facility to a Kansas based staffing company, a $250,000 working capital facility to a California based staffing company, and a $1.25 MM working capital facility to a California based staffing company.
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How Temporary Staffing Factoring Works
Every staffing agency needs access to cash in order to overcome the challenges associated with consistently funding payroll. And for staffing companies experiencing growth, the importance of reliable access to capital is even greater. This is why many temporary staffing agencies finance their payroll through factoring companies.
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How Accounts Receivable Factoring Can Help Temp Staffing Agencies Grow
Short on Payroll? As part of our Staffing Factoring Experts promotion, we'd like to take a moment to "illustrate" specifically how an Accounts Receivable Factoring company can help Temporary Staffing Companies overcome their industry-specific challenges and grow.
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How to Protect Your Small Business from Financial Fraud
Cyber attacks against small businesses are growing increasingly sophisticated. Criminals use spoofed emails, malicious software and online social networks to obtain login credentials to businesses’ accounts, transfer funds from the accounts and steal private information, a fraud referred to as "corporate account takeover."
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March Madness Takes on New Meaning at GCBC
While March Madness may typically refer to the NCAA’s Men’s Division 1 Basketball Tournament, Gulf Coast Business Credit (“GCBC”) is experiencing their own March Madness while funding a variety of Accounts Receivable Factoring and Asset Based Lending (ABL) relationships this month.
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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.”
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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.
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