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 ASHLEY SCLAFINI MANAGES PORTFOLIO OF 25 CLIENTS
Gulf Coast Business Credit (GCBC) places a significant amount of responsibility on employees like Ashley Sclafini to manage client relationships.
With over 10 years of banking experience, Sclafini began working at Gulf Coast Bank & Trust Co. (GCB) as a teller 7 years ago. Sclafini worked diligently to move up and eventually began working for GCBC four years ago. At GCBC, Sclafini is an Account Executive II based out of GCBC’s Covington, Louisiana office.
Sclafini currently manages a portfolio made up of over 25 client relationships. These client relationships consist of a variety of industries including: staffing companies, IT consulting, industrial tool sales, and oilfield service companies.
“I enjoy working for Gulf Coast Business Credit. I have a great working relationship with my clients as well as my co-workers,” said Sclafini when asked about her experience at GCBC. Outside of GCBC, Sclafini enjoys spending nights and weekends on the football field. She has one 5 year old son and 2 teenage stepdaughters.
As a division of GCB, GCBC helps provide accounts receivable financing to a variety of customers. GCBC is a leading provider of working capital finance throughout the United States with production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana.
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Article Posted On: September 16, 2014