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’S ADAM LANDRY ATTENDS LOGA SPORTING CLAYS EVENT
Gulf Coast Business Credit’s Adam Landry recently attended the Louisiana Oil and Gas Association (LOGA)’s Sporting Clays event June 5-6, 2014 in Benton, Louisiana.
The event featured a skeet shooting tournament held at Los Paloma Sporting Range & Event Center with unique shooting stations spread out over 80 acres. Gulf Coast Business Credit (GCBC) sponsored a station where sporting clays were thrown onto a hidden trampoline and would bounce straight into the air for competitors to shoot.
The majority of the competitors were from North Louisiana and East Texas, allowing GCBC the opportunity to meet and mingle with dozens of oilfield service companies.
LOGA represents the independent and service sectors of the oil and gas industry in Louisiana. If you would like to learn more about LOGA, please visit www.loga.la.
GCBC is a leading provider of working capital finance through the United States specializing in the oil and gas industry. Adam Landry is the Vice President of Business Development located in Louisiana. You can contact Adam by email: email@example.com or phone: 985-974-5725.
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Article Posted On: June 10, 2014