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 STRENGTHENS RELATIONSHIP WITH ONE OF INC. MAGAZINE’S & AUSTIN BUSINESS JOURNAL’S FASTEST GROWIN
As a division of Gulf Coast Bank & Trust Company (GCB), Gulf Coast Business Credit (GCBC) offers companies the best of both worlds: a bank relationship with the flexibility and customization of a specialty lender.
In 2013, GCBC’s Meg Roberson provided a $5 million working capital facility to One Source Networks (OSN), an Austin, Texas based communications company specializing in delivering global voice and managed network solutions to large enterprises. “GCBC provides asset based and factoring products to small and middle market companies that allow businesses to accelerate their growth.” says Meg Roberson. OSN was the 17th fastest growing company on the Austin Business Journal’s most recent Fast 50 list. OSN was recently listed in Inc. Magazine’s 5,000 fastest-growing private companies for the fourth consecutive year achieving 238% growth against 134% telecommunications industry average.
As OSN’s cash flow improved and business grew, it acquired a significant partnership with a Massachusetts-based private equity group. Due to this partnership, the company no longer required accounts receivable financing; however, the company was in need of a traditional line of credit to help manage acquisitions over time.
Ernest Cunningham, One Source Network’s CEO, stated, “Our company has experienced tremendous growth over the past several years from a financial, talent, product and infrastructure perspective. Although we no longer utilize accounts receivable financing, Gulf Coast Business Credit was able to strengthen our relationship through Gulf Coast Bank.”
GCB’s Terry Looney also recently provided OSN with an equipment line of credit. If you would like to learn more about GCB, please visit www.gulfbank.com.
As a leading provider of working capital finance throughout the United States, GCBC helps provide accounts receivable financing to a variety of customers. GCBC has production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana. To contact GCBC, please call 866-577-8867, or you can email us at gcbcinfo@gulfbank.com.
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.
Article Posted On: September 03, 2014