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.
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 and welcome Aaron Renaud as Underwriter in their Austin, TX location. “We are excited and feel fortunate to add 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.
Aaron Renaud is a graduate of The University of Texas at Austin with a Bachelor’s degree in Finance. Prior to coming on board full time with GCBC, Aaron was a GCBC Underwriting Intern, where his hard work helped GCBC to achieve record breaking months for new deals funded.
When asked how he hopes to contribute to GCBC, Aaron said, “With this being my first job out of college, I want to learn how to be an excellent workplace teammate, communicator, and leader. I want to soak up as much information as I can from my knowledgeable peers on the banking, factoring, and ABL industries. I have already learned so much in my time here but know there is still something new to learn each and every day.”
Get to know Aaron Renaud!
Here are a couple of fun facts Aaron shared with us:
Hometown: Dallas, TX
Hobbies include: Basketball, Skiing, UT/Dallas sports
Three words that describe you: Loyal, Thoughtful, Investigative
Favorite movie quote: “Freedom!!” – William Wallace, Braveheart
Recent news: Aaron got engaged to his college sweetheart Morgan on September 29th and is planning to marry in June, 2019.
Gulf Coast Business Credit is recognized as a leading provider of working capital finance throughout the United States. GCBC has production offices located in Arizona, Florida, Colorado, Georgia, Louisiana and Texas. GCBC is a division of Gulf Coast Bank & Trust, one of the largest community banks headquartered in Louisiana.
To contact GCBC, please call 866-577-8867, or you can email us at firstname.lastname@example.org.
|Invoice Factoring||Small Business Finance|
|What is Factoring?||Temporary Staffing Factoring|
|Accounts Receivable Factoring||Financing Alternatives|
|Freight Factoring||Asset Based Lending|
Article Posted On: October 15, 2018