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GCBC’s Robert James Provides $1 Million Working Capital Facility to Texas Oilfield Services Company

GCBC’s Robert James Provides $1 Million Working Capital Facility to Texas Oilfield Services Company
 

Gulf Coast Business Credit (GCBC)’s Robert James recently provided a $1,000,000 working capital facility to a Texas based oilfield services company. 

The company is a startup and was brought to GCBC by a cold call. GCBC was able to provide funding for future growth projects while securing capital to purchase equipment to fulfill job requirements of current clients. 

“Factoring gave our new client the best opportunity to expand without diluting ownership,” said James.

GCBC helps provide accounts receivable financing to a variety of customers. As a leading provider of working capital finance throughout the United States, GCBC has production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana.

Robert James is Vice President, Business Development located in Colorado. You can contact Robert either by emailing robertjames@gulfbank.com or calling 866-577-8867.

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Article Posted On: November 12, 2014

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