GCBC finishes strong Q3 with 43 fundings
Gulf Coast Business Credit (“GCBC”) had a great third quarter, closing 43 new Accounts Receivable Factoring and Asset Based Lending (ABL) deals. Amongst the new deals funded were a $4,000,000 working capital facility to a Louisiana based staffing company, a $300,000 working capital facility to a Texas based manufacturing company and a $200,000 working capital facility to a California based transportation company.
Gulf Coast Business Credit Welcomes 2019 Summer Interns!
Gulf Coast Business Credit (“GCBC”), the working capital finance division of Gulf Coast Bank & Trust (“GCB”), is pleased to announce its new team of interns for summer 2019. GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC. Our internship program is critical to our talent recruiting as we seek to hire and foster the next generation of GCB leaders.”
What is Temporary Staffing Factoring and How Does it Work?
All temporary staffing agencies need access to working capital in order to consistently make payroll. And for staffing companies experiencing growth, the importance of reliable access to cash is even greater. This is why many temporary staffing agencies finance their payroll through factoring companies.
GCBC Hires Vincent Miller as Credit Analyst/Underwriter
Gulf Coast Business Credit (“GCBC”) has experienced impressive growth over the first half of 2018. This not only applies to portfolio growth, but also to the size of the underwriting team. For the second time in 2018, a new Credit Analyst/Underwriter has been added to the team! GCBC is proud to welcome Vincent (“Vince”) Miller as a Credit Analyst/Underwriter for its Austin, Texas location.
Gulf Coast Business Credit Hires Aaron Renaud as New Underwriter
Austin, TX - Gulf Coast Business Credit (“GCBC”), a nationwide provider of accounts receivable finance and asset based lending, is pleased to announce the recent hiring of Aaron Renaud as Underwriter in their Austin, TX location. “We are excited and feel fortunate to welcome Mr. Renaud to the GCBC team. Aaron will play a key role to support recent portfolio acquisition and continued organic growth,” said Meg Roberson, GCBC’s National Sales Manager.
GCBC $250 GIFT CARD GIVEAWAY CONTEST
Gulf Coast Business Credit (GCBC) will be hosting their first $250 MasterCard® Gift Card Giveaway Facebook Contest starting February 24, 2014 and ending on March 14, 2014 at 11:59 pm central.
"We are excited to launch our first social media reward program as a thank you to all of the Gulf Coast Business Credit fans. We have a great team of employees throughout the country that are hard at work building relationships every day and it is truly amazing how connected the world has become. This is our opportunity to say thank you to one of our lucky participants,” said Meg Roberson, GCBC National Sales Manager.
For the contest, participants must “like” GCBC’s Facebook page and then submit their email address for entry. To enter the contest, click here. Please note, you must be a member of Facebook to enter and the contest is not available on mobile devices - you must use a desktop or laptop to enter. The winner will be drawn at random and announced March 17, 2014.
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.
GCBC is recognized as a leading provider of working capital finance throughout the United States, specializing in accounts receivable financing. GCBC has production offices located in Texas, Alabama, Arkansas, Georgia, Louisiana and Arizona. GCBC is a division of Gulf Coast Bank & Trust Company, one of the largest community banks headquartered in Louisiana.
Article Posted On: February 24, 2014