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 ANNUAL EMPLOYEE WEEKEND ON THE MISSISSIPPI GULF COAST
Since Gulf Coast Business Credit (GCBC) employees are located nationwide, the upper management team recently hosted their annual employee weekend on the Mississippi Gulf Coast.
This southern weekend retreat included an inshore fishing tournament, relaxation on the Jourdan River, and of course a crawfish boil! The weekend started off on Friday with an inshore fishing tournament comprised of sales team members and upper management. Teams were led by Wade Hladky, Meg Roberson, and Chuck McDowell. The teams launched in Bay St. Louis and some journeyed out as far as the Louisiana marsh.
Hladky’s team won the grand prize for most keepers, with 23 Speckled Trout. Mike Theriot won the award for biggest single fish caught, with a 33 inch Redfish, weighing in at 15 lbs. The day ended with GCBC employees sharing fishing stories over an early dinner at Shaggy’s in Pass Christian.
On Saturday all GCBC employees were invited out to enjoy a delicious crawfish boil and later got together for raw oysters and dinner in downtown Biloxi.
GCBC realizes it is important to have team building activities especially when employees are located nationwide. The employee weekend allowed team members to spend time with each other outside of work as well as assess each other’s fishing abilities.
Take a look at some of the pictures below from this fun-filled weekend. If you have any inquiries, you can contact GCBC either by phone: 866-577-8867 or email: firstname.lastname@example.org.
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Article Posted On: May 06, 2014