GCBC Celebrates 20 Year Anniversary in 2020
On February 1, 2020, Gulf Coast Business Credit (“GCBC”), a division of Gulf Coast Bank & Trust Co. (“Gulf Coast Bank”), announced the celebration of its 20th Anniversary as a leader in accounts receivable finance and asset based lending. Over the last 20 years, GCBC’s commitment to thousands of valued client relationships, partners and employees has provided growth for businesses and prosperity for families across the United States.
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.
GCBC Rolls out new Fuel Card Program
Gulf Coast Business Credit ("GCBC") recently rolled out a new Fuel Card Program to its clients. It doesn’t matter if you’re a fleet of 2 or 200, all GCBC transportation customers are eligible today for GCBC Fuel Cards powered by EFS and Fuel Advances.
The industry-leading program is a secure, convenient way for trucking companies of all sizes to control fueling costs and monitor vehicle performance.
GCBC's Fuel Card Program features daily discount updates, a mobile app, customized reports and ATM access to cash.
Sign-up Bonus!! Current Gulf Coast factoring clients that sign up for the GCBC Fuel Card Program receive a promotional offer of $250.00 funded directly to their GCBC Fuel Card account. Who doesn’t like free cash? Sign up today!
Save money and generate more working capital when you partner with GCBC! To join GCBC’s Fuel Card Program, contact our Transportation Division in Baton Rouge at 866-577-8867 or email email@example.com with the subject "fuel card."
Article Posted On: October 07, 2015