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 the Great American Trucking Show August 27-29th
As one of the largest truck shows in the nation, GATS features over 500,000 feet of exhibit space with everything that a trucker would need including educational sessions, a truck beauty pageant, and exhibits from leaders in the industry, like GCBC.
GCBC offers customized accounts receivable financing solutions to fit transportation companies’ needs. Freight and transportation factoring enables you to focus on your company’s growth potential rather than its cash flow. Allow us to eliminate lags between freight invoice payments by offering you same-day compensation.
In response to client feedback, GCBC will also be showcasing their newly added products and services that cater to the transportation industry. These products and services include a Fuel Card Programand Fuel Advances. For a limited time, GCBC is offering a cash bonus to clients who sign up for the Fuel Card Program. Contact a Gulf Coast Business Credit representative today to inquire about the fuel card program, accounts receivable finance and fuel advance products, fuel discounts and the limited time, cash bonus.
This year, GCBC mailed out 500 GATS tickets, inviting current and future clients to this exciting show. GCBC plans to attend the show as an exhibitor and showcase themselves as one of a handful of bank-owned finance companies.
With over 20 years of dedicated experience in the trucking industry, GCBC has production offices located in Colorado, Georgia, Louisiana and Texas. GCBC is able to provide hassle free financial support to companies of all sizes; ranging from large fleets to fleets of one. For more information, please phone: 866-577-8867 or email: email@example.com.
Article Posted On: August 27, 2015