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 Welcomes 2017 Summer Interns!
Gulf Coast Business Credit (“GCBC”), the working capital finance division of Gulf Coast Bank & Trust, is pleased to announce its new team of interns. GCBC looks forward to spending the summer with Aaron Renaud, Ben Pfeffer, Kelsey Daiber and Sara Samani.
Aaron Renaud is a student at the University of Texas at Austin, he’s a finance major and expected to graduate by the end of this year. Aaron is from Dallas, Texas and is a volunteer in the YoungLife Leader program at local schools. He enjoys skiing, playing “spikeball” or basketball with friends, and supporting Dallas and UT sports.
Ben Pfeffer is a finance major at the University of Texas at Austin and is expected to graduate in May 2020. He is new to Texas and is originally from Chicago, Illinois. Ben’s hobbies include: basketball, sailing, waterskiing, and listening to country music.
Kelsey Daiber graduated from Texas State University in 2015 with a degree in Philosophy & Art. She is currently finishing her MBA in marketing at Columbia Southern University and expects to graduate this summer. She is from Georgetown, Texas and enjoys hiking with her dogs, yoga, cooking and painting.
Sara Samani is majoring in management information systems at the University of Texas at Austin and is on track to graduate May 2019. She is from Austin, Texas and likes playing volleyball and soccer. Sara is also a member of the intermural dodgeball team at UT and loves drinking tea and coffee.
“Every year we look forward to welcoming a new team of summer interns. It’s the best part of our year. Our informal motto is to “never underestimate our ability to learn new things” and we learn as much from our interns as they learn from our internship program” said Meg Roberson, National Sales Manager.
Gulf Coast Business Credit is recognized as a leading provider of working capital finance throughout the United States. GCBC has production offices located in Colorado, Georgia, Louisiana and Texas. GCBC is a division of Gulf Coast Bank & Trust, one of the largest community banks headquartered in Louisiana.
|Invoice Factoring||Small Business Finance|
|What is Factoring?||Temporary Staffing Factoring|
|Accounts Receivable Factoring||Financing Alternatives|
|Freight Factoring||Asset Based Lending|
Article Posted On: June 29, 2017