Other News
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GCBC 20th Anniversary - Employee Growth
This year, GCBC celebrates its 20th anniversary, and we thought we'd take a moment to look back on some of our past accomplishments. Since the company was founded in 2000, GCBC has grown from 5 to 170 employees! Over the last 20 years, GCBC’s commitment to our valued employees has provided prosperity for families across the United States.
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GCBC 20th Anniversary - States
This year, GCBC celebrates its 20th anniversary, and we thought we'd take a moment to look back on some of our past accomplishments. Since the company was founded in 2000, GCBC has funded deals in over 48 states! Over the last 20 years, GCBC’s commitment to our valued client relationships has provided growth for businesses and prosperity for families from South Carolina to California, and almost everywhere in between!.
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GCBC 20th Anniversary - Clients
This year, GCBC celebrates its 20th anniversary, and we thought we'd take a moment to look back on some of our past accomplishments. Since the company was founded in 2000, GCBC has funded over 5,000 clients!
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IFA Appoints GCBC’s Meg Roberson to Advisory Board
Gulf Coast Business Credit (GCBC), the Factoring, Accounts Receivable Finance and Asset-Based Lending Division of Gulf Coast Bank & Trust Co. (GCB&T), is proud to announce that the International Factoring Association (IFA), the world’s largest association of commercial finance companies, has appointed GCBC’s Meg Roberson as a new Advisory Board member.
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IFA Appoints GCBC’s Meg Roberson to Advisory Board
Gulf Coast Business Credit (GCBC), the Factoring, Accounts Receivable Finance and Asset-Based Lending Division of Gulf Coast Bank & Trust Co. (GCB&T), is proud to announce that the International Factoring Association (IFA), the world’s largest association of commercial finance companies, has appointed GCBC’s Meg Roberson as a new Advisory Board member.
GULF COAST BUSINESS CREDIT CONTINUES THE UPWARD TREND
Gulf Coast Business Credit (“GCBC”) continued its consistent upward trend and posted a 25% increase in average portfolio growth for calendar year 2013. This marks the third consecutive year of significant portfolio growth for GCBC. “The last couple of years have been extremely rewarding as a company. We managed to more than double our portfolio size in a short period of time while maintaining our credit quality at high standards. A well trained / well managed sales staff, an evolving product mix and a renewed focus on customer service have all contributed to our success and should continue to pay dividends for GCBC well into the future” says Wade Hladky, President of Gulf Coast Business Credit.
The strong trends continue into 2014, with double digit growth for first quarter ended March 31st, 2014. GCBC’s year to date 2014 results were highlighted by a wide variety of new deals booked in the quarter. Transactions ranged from a $50,000 working capital facility for a Florida based industrial equipment wholesaler to a $3 million working capital and inventory loan for a Texas based oil and gas equipment distributor to a $5 million working capital facility for an Arkansas based staffing company. Companies funded in 2014 also included transportation companies, oilfield service companies, an emergency response company, a food specialty company, and a clothing manufacturer. In total, 22 companies chose to trust GCBC as their new financing partner during the first quarter of 2014.
About GCBC: With production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana, GCBC is recognized as a leading provider of working capital finance and acquirer of working capital finance portfolios throughout the United States. To view other recent deals or additional information on GCBC, visit www.gulfcoastbc.com/news. You can contact GCBC either by phone: 866-577-8867 or email: gcbcinfo@gulfbank.com.
Article Posted On: April 01, 2014