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 to Attend Affiliated Staffing Group Conference Nov. 3-5th
Gulf Coast Business Credit (GCBC)’s Adam Landry and Stuart Wrba will be attending the Affiliated Staffing Group (ASG) Conference in Atlanta, Georgia November 3-5, 2015.
The ASG Conference attracts a variety of staffing industry professionals located throughout the United States and Canada. This year’s conference will feature educational sessions on topics such as: What’s Happing In Your Market, Issues & Opportunities, Leveraging Labor Market Intelligence To Drive Sales Performance, Best Practices In Sales Management, and How Staffing Clients Buy Staffing Services.
As an ASG Staffing Industry Partner, GCBC will attend the conference in order to network with staffing professionals and discuss how GCBC’s working capital solutions can help them manage their cash flow.
To learn more about ASG, please visit asgroup.com.
GCBC provides working capital solutions to help staffing companies grow and take advantage of opportunities. As a division of Gulf Coast Bank & Trust Co. (“GCB”), GCBC offers the best of both worlds to staffing industry clients: a bank relationship with the flexibility of a specialty lender. GCBC utilizes the GCB cost of capital and as a result, GCBC is able to offer the most competitive rates in the industry.
GCBC is able to provide hassle free financial support to companies of all sizes. In order to stay informed with ongoing issues the staffing industry faces and any upcoming offers at GCBC, please join GCBC’s Linkedin Staffing Industry Group today.
GCBC has production offices located in Colorado, Georgia, Louisiana, Oklahoma, and Texas. If you are interested in learning more about how Gulf Coast Business Credit may be able to assist your business, please call 866-577-8867, or email email@example.com.
Article Posted On: November 03, 2015