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Commercial Lender Refers Louisiana Based Staffing and Industrial Contractor to GCBC

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.

The company’s primary line of business was staffing services, but they wanted to take advantage of growth opportunities in the industrial sector.  Their current factoring company wasn’t able to get comfortable with the billing process for the new work, so the company decided to seek additional funding options.  Their banker referred them to GCBC, who was already familiar with the billing process of the new work and was also able to cut their factoring rate in half.

GCBC is an accounts receivable finance firm providing commercial lenders with a solution that allows them to say “Yes” more frequently.  We partner with banks of all sizes throughout the country, offering referral programs designed to help institutions achieve growth through new accounts, non-interest income, higher profitability and increased client retention.

Gulf Coast Business Credit is starting 2017 with a Referral Rewards program to acknowledge those who’ve helped shape our business! If you send GCBC a deal before March 16th, and that deal closes before 2018, we will send you a Yeti Tundra 35 cooler with your favorite pro or college team’s logo!

You can contact GCBC by phone at 866-577-8867, or by email at gcbcinfo@gulfbank.com. GCBC has production offices located in Colorado, Georgia, Louisiana, Oklahoma, and Texas.

Please like GCBC on Facebook by clicking the following link and we will keep you up to date on current events: Gulf Coast Business Credit Facebook Page. Please connect with GCBC on LinkedIn by clicking the following link: Gulf Coast Business Credit LinkedIn Page. And please join our LinkedIn Group for Referral Sources and Commercial Lenders.

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