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.
Gulf Coast Business Credit Welcomes Summer Interns!
Gulf Coast Business Credit (“GCBC”), the working capital finance division of Gulf Coast Bank & Trust, is pleased to announce its team of interns. GCBC looks forward to spending the summer with Conner Daigle, Lara Garton, Logan Keenan and Raveen Patel.
Conner Daigle is on track to graduate from the University of Texas at Austin at the end of the year with a Bachelor of Business Administration in Supply Chain Management. He’s from Sugar Land, Texas and he plays guitar, collects records and likes to surf and fish whenever possible.
Lara Garton is a student at the University of Texas at Austin. She is studying to earn a Bachelors Business Administration for Accounting and is on track to graduate in 2018. She is from Aledo, Texas, just outside of Fort Worth. Lara enjoys checking out Austin’s festivals, like Austin City Limits and SXSW, trying out new restaurants, trail running, and baking and cooking with friends!
Logan Keenan attends the University of Texas at Austin. He’s on track to graduate in May 2017 with a Bachelor of Business Administration in Finance. He’s served in the U.S. Army as well as the Texas Army National Guard. Logan is from Hico, Texas and in his spare time he likes to workout at the local gym.
Raveen Patel is on pace to graduate in May 2018 from the University of Texas at Austin with a Bachelor of Business Administration in Finance. He is from Waco, Texas, is an avid Niners fan, and enjoys working out and playing golf.
“Daigle, Garton, Keenan and Patel have been added to help in the development and growth of our division. I believe this group will thrive in their time with GCBC and we are excited to spend time with them this summer,” said Meg Roberson, National Sales Manager.
Gulf Coast Business Credit is recognized as a leading provider of working capital finance throughout the United States, specializing in accounts receivable financing. GCBC has production offices located in Colorado, Georgia, Louisiana, Oklahoma and Texas. GCBC is a division of Gulf Coast Bank & Trust, one of the largest community banks headquartered in Louisiana.
To learn more about accounts receivable financing call Gulf Coast Business Credit at 866.577.8867 or visit the website at www.gulfcoastbc.com
Article Posted On: June 17, 2016