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Community Banker Refers Oklahoma Based Manufacturer to GCBC for its Invoice Factoring Needs

Community Banker Refers Oklahoma Based Manufacturer to GCBC for its Invoice Factoring Needs

Gulf Coast Business Credit (GCBC)’s John Whitaker recently funded a $500,000 working capital facility to an Oklahoma based manufacturer that was referred by a community banker.

The Oklahoma based manufacturer primarily caters to the oilfield industry but in order to diversify, the company recently transitioned to a new segment. With invoice payments taking up to 65 days to process in the new line of business, a community banker referred the manufacturer to GCBC for its invoice factoring needs. The manufacturer chose GCBC for its invoice factoring needs because GCBC was able to provide the funds immediately with flexible terms and competitive rates.

GCBC provides commercial lenders and brokers 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.

To kick off the New Year, Gulf Coast Business Credit would like to acknowledge those who’ve helped shape our business with a Referral Rewards program! If you send us a prospect before February 15th and that prospect becomes a client in 2016, we’ll send you a Yeti Hopper 30 cooler.

John Whitaker is a Vice President, Business Development located in Oklahoma. You can contact John either by emailing johnwhitaker@gulfbank.com, or calling 405-546-5925. 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.

* Referral must be received by February 15th, 2016 and deal must close before 12/31/16 to qualify.

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