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 NISA Owners Meeting Feb. 25th & 26th, 2015
As a preferred partner of the National Independent Staffing Association (NISA), Gulf Coast Business Credit (GCBC) will be attending the NISA Owners Meeting February 25th & 26th, 2015 in Las Vegas, Nevada.
GCBC will have two Business Development Officers in attendance and will be sponsoring a luncheon. NISA invites GCBC twice a year to attend their conferences as a preferred partner in efforts to find ways to support their members with working capital solutions.
NISA is an association that provides independently owned staffing agencies the knowledge to improve their strategies and market development to further grow their business. If you would like to learn more about NISA, visit www.nisaconnections.com.
The staffing industry faces unique challenges, GCBC provides financial support to help companies grow and take advantage of opportunities. Gulf Coast Business Credit is dedicating February 2015 to educating Staffing Companies on how our financial solutions can help cover payroll and keep staff happy and productive. Gulf Coast is so confident that we are the right solution for accounts receivable factoring and asset based lending in the staffing industry, we are offering to waive the first month’s fees if a company signs on with us during the month of February*! Take advantage of this offer and sign up for 28 Days of Staffing today!
Please join GCBC’s LinkedIn Staffing Industry Group by clicking the following link: Gulf Coast Business Credit Staffing Industry Group. To keep up to date with GBCBC, please like our Gulf Coast Business Credit Facebook Page.
Article Posted On: February 24, 2015