Other News
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GCBC 20th Anniversary - Employee Growth
This year, GCBC celebrates its 20th anniversary, and we thought we'd take a moment to look back on some of our past accomplishments. Since the company was founded in 2000, GCBC has grown from 5 to 170 employees! Over the last 20 years, GCBC’s commitment to our valued employees has provided prosperity for families across the United States.
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GCBC 20th Anniversary - States
This year, GCBC celebrates its 20th anniversary, and we thought we'd take a moment to look back on some of our past accomplishments. Since the company was founded in 2000, GCBC has funded deals in over 48 states! Over the last 20 years, GCBC’s commitment to our valued client relationships has provided growth for businesses and prosperity for families from South Carolina to California, and almost everywhere in between!.
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GCBC 20th Anniversary - Clients
This year, GCBC celebrates its 20th anniversary, and we thought we'd take a moment to look back on some of our past accomplishments. Since the company was founded in 2000, GCBC has funded over 5,000 clients!
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IFA Appoints GCBC’s Meg Roberson to Advisory Board
Gulf Coast Business Credit (GCBC), the Factoring, Accounts Receivable Finance and Asset-Based Lending Division of Gulf Coast Bank & Trust Co. (GCB&T), is proud to announce that the International Factoring Association (IFA), the world’s largest association of commercial finance companies, has appointed GCBC’s Meg Roberson as a new Advisory Board member.
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IFA Appoints GCBC’s Meg Roberson to Advisory Board
Gulf Coast Business Credit (GCBC), the Factoring, Accounts Receivable Finance and Asset-Based Lending Division of Gulf Coast Bank & Trust Co. (GCB&T), is proud to announce that the International Factoring Association (IFA), the world’s largest association of commercial finance companies, has appointed GCBC’s Meg Roberson as a new Advisory Board member.
GCBC COLLABORATES TO PROVIDE A $400K WORKING CAPITAL FACILTY TO A TRANSPORTATION COMPANY
Gulf Coast Business Credit recently provided a $400K working capital facility to a Tennessee based transportation company.
The company was referred by an insurance provider that focuses on the transportation sector. The company was seeking accounts receivable financing because they had exhausted their current line of credit with a local bank. In order for the company to add more trucks and increase business with their current customers, GCBC collaborated with their local bank through an intercreditor agreement. “This agreement not only allowed the company to partially pay down their bank loan but also to dramatically improve cash flow,” said National Sales Manager Meg Roberson. With the increased business, they will be able to pay off the remaining balance of their bank loan in 6 months.
GCBC has over 20 years of dedicated experience in the transportation industry and has production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana. GCBC is able to provide hassle free financial support to companies that manage large fleets to companies with a fleet of one.
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Article Posted On: April 30, 2014