GCBC PROVIDES A $3MM WORKING CAPITAL FACILITY TO TEXAS BASED OILFIELD SERVICE COMPANY
Gulf Coast Business Credit (GCBC)recently provided a $3MM working capital facility to an oilfield service company headquartered in Texas. The oilfield service company was factoring with a private competitor and came to GCBC through a company that provides part-time CFO services. The company is experiencing rapid growth and concentrations from debtors active in the multiple shale plays located in Texas. GCBC provided a significant savings over the private competitor, and expects to save the cl...
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GCBC $250 GIFT CARD GIVEAWAY CONTEST
Gulf Coast Business Credit (GCBC) recently launched pages on Facebook, Google+, and LinkedIn. We encourage you to start following these pages to receive the most up to date information on recent deals, employee spotlights, contests, and any events GCBC may be attending or hosting. You can also visit www.gulfcoastbc.com/news to stay updated. To kick off our social media launch, we are hosting a $250 MasterCard® Gift Card Giveaway Contest on Facebook until March 14, 2014 at 11:59pm central.
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GCBC’S TROY ZUPANCIC TO ATTEND PERMIAN BASIN DEALMAKERS EXPO
Troy Zupancic, Gulf Coast Business Credit Vice President of New Business Development located in Texas, will be attending the first Permian Basin Dealmakers Prospects and Properties Expo hosted by the Petroleum Listing Service (PLS) on February 26, 2014. Featuring a variety of oil and gas plays, prospects, property packages, and exploration opportunities; this one day expo is a must see event for all industry buyers, sellers, and capital providers. The host of the event, PLS, has hosted oil and ...
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GCBC PROVIDES A $3MM WORKING CAPITAL FACILITY TO WYOMING BASED TRANSPORTATION COMPANY
Gulf Coast Business Credit (GCBC) recently provided a $3MM working capital facility to a transportation company based in Wyoming with a fleet of 35 trucks. The transportation company has operated for over 30 years and primarily hauls oilfield equipment and water in the Bakken Shale. Due to the high volume of activity in the Bakken, this new client will utilize GCBC’s accounts receivable financing program to help expand their customer base and reach their full growth potential without giving up ...
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GCBC PROVIDES $350K WORKING CAPITAL TO MULTI-UNIT TRUCKING COMPANY
Gulf Coast Business Credit (GCBC) recently provided $350,000 working capital to a multi-unit trucking company based in Georgia. The trucking company is family owned and has operated for over 20 years with a fleet of 10 trucks handling general import and export freight nationwide. Due to slow payments from shippers, the trucking company turned to factoring for a financial solution. Factoring will allow the company to turn invoices immediately into cash in order to meet payroll and other expenses...
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GCBC SPONSORS RMA CENTRAL TEXAS CHAPTER LUNCHEON FOR FEBRUARY 13, 2014
Gulf Coast Business Credit (GCBC), a provider of accounts receivable finance nationwide, will be sponsoring the Risk Management Association (RMA)-Central Texas Chapter luncheon on Thursday, February 13, 2014. If you would like to register, please see registration details below. The luncheon will provide updates on Commercial Real Estate in Austin, Texas and will be hosted by David Thibodeaux, MAI and Charles Heimsath. Mr.
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TROY ZUPANCIC CONTRIBUTES TO GCBC’S GROWTH
Gulf Coast Business Credit (GCBC) continually provides “the simple growth solution” for companies. Troy Zupancic, GCBC Vice President of New Business Development in Texas, recently closed deals consisting of a $250M working capital facility for an oilfield services company; a $500M working capital facility for an IT staffing company; and a $4MM working capital facility for a global manufacturer. Mr. Zupancic has provided banking solutions to small and middle market companies for 17 years with f...https://www.comerica.com/Pages/default.aspx
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GCBC PROVIDES A $500K WORKING CAPITAL FACILITY TO IT STAFFING COMPANY
Gulf Coast Business Credit (GCBC) recently provided a $500,000 working capital facility to an IT temporary staffing company based in Texas.The staffing company was started by two professionals with prior experience in the staffing industry and was referred to GCBC by a national bank. Since this staffing company was a young company with no historical financials, the company was unable to qualify for traditional banking.Troy Zupancic, GCBC Vice President, stated, “We are thrilled to help two entre...
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GCBC ATTENDS THE NATIONAL INDEPENDENT STAFFING ASSOCIATION CONVENTION
As a preferred partner of the National Independent Staffing Association (NISA), Gulf Coast Business Credit (GCBC) recently hosted a dinner for the NISA Owner’s Meeting on January 23, 2014. NISA is an association that provides independently owned staffing agencies the knowledge to improve their strategies and market development to further grow their business. Since GCBC specializes in accounts receivable financing for the staffing industry, GCBC attends NISA conventions twice a year to support t...
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GULF COAST BUSINESS CREDIT’S SALES TEAM GETS ACTIVE
To promote healthy living, Gulf Coast Business Credit decided to incorporate the New Orleans Rock-n-Roll Marathon into their bi-annual sales meeting. GCBC participants include Celena DeFreitas, Alexis Hail, Elliot Smith, Meg Roberson, Chrissy Sphar, and Liz Evans.The New Orleans Rock-n-Roll Marathon will take place on Sunday, February 2, 2014 and supports charities including the Leukemia & Lymphoma Society, St. Jude Children’s Research Hospital, The Gleason Initiative Foundation, and Hope fo...
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GCBC RENEWS AMERICAN STAFFING ASSOCIATION MEMBERSHIP
Gulf Coast Business Credit (“GCBC”) specializes in accounts receivable financing for the staffing industry. GCBC understands the unique challenges of the staffing industry and can provide the financial support staffing companies require to help manage growth, take advantage of opportunities or help fund payroll. GCBC has renewed its membership with the American Staffing Association for 2014. The ASA membership will aid GCBC in being the premier accounts receivable finance provider for staf...
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GULF COAST BUSINESS CREDIT IMPLEMENTS BAYSIDE BUSINESS SOLUTIONS’ CADENCE FOR FACTORING
Gulf Coast Business Credit (GCBC), one of the largest factoring companies in the United States, and Bayside Business Solutions, an innovative developer of commercial portfolio management software, announced today that GCBC has successfully implemented Bayside’s CADENCE for Factoring platform to administer its business-to-business lending. CADENCE for Factoring is the leading software solution for accounts receivable financing. In addition to automating many administrative functions, CADENCE man...
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ROBERSON’S ACG EVENT KICKS OFF 2014
On January 8, 2014, Meg Roberson led a sold out event that presented a panel of Austin Business Journal’s Top Ranked CFO’s. With over 100 attendees, the event was hosted by the Association of Corporate Growth - Central Texas Chapter with Gulf Coast Business Credit serving as a diamond level sponsor. Roberson is the National Sales Manager for Gulf Coast Business Credit, the factoring division of Gulf Coast Bank & Trust; and as of January 2014, Roberson serves as the President for the Associa...
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