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’S ALLISON GUILLOT TAKES HER ROLE TO THE NEXT LEVEL
By playing a vital role in training as well as servicing a large portfolio on a day to day basis, Allison Guillot takes her role as Account Executive II to the next level at Gulf Coast Business Credit (GCBC).
With over 6 years of experience at GCBC, Guillot was promoted to Banking Officer 2 years ago. Currently Guillot manages and maintains over 30 client relationships with facility limits ranging from $100K to $5MM. Servicing a variety of industries, including a technology consulting group and an oilfield service company, Guillot continually provides a high level of professional service resulting in long term client retention.
“Allison plays a very important role at Gulf Coast by assisting in the training of new Account Executives and integrating new relationships into factoring. We are very grateful to have her on our team,” said Liz Evans - GCBC Vice President, Operations Manager.
Outside of GCBC, Guillot enjoys spending time with her three children at baseball parks and traveling to Alabama to visit with friends and family.
As a leading provider of working capital finance throughout the United States, GCBC has production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana. Allison Guillot can be contacted either by phone: 985-249-7219 or email: email@example.com.
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Article Posted On: June 11, 2014