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.
Start the New Year with Referral Rewards and win a Yeti Cooler!
2015 was Gulf Coast Business Credit’s best year yet and we’d like to acknowledge those who’ve helped shape our business. Thanks for a great year!
We are looking to have an even better 2016 and GCBC needs your help to start the New Year with a bang. With our month-long Referral Rewards program, if you send us a prospect and that prospect becomes a client, we’ll send you a Yeti Hopper 30 cooler. You only need to refer us the deal before February 15th to qualify. As long the deal closes sometime in 2016, you’ll be ready for adventure with a new Yeti Hopper!
How does Referral Rewards Work?
- Find your Sales Representative on the list below.
- Contact your Sales Rep to send a referral by February 15th, 2016. Don't forget to mention "Referral Rewards."
- If your referral becomes a GCBC client anytime in 2016, we'll send you a Yeti Hopper 30 cooler. Let your next adventure begin!
- Thank you for always keeping Gulf Coast Business Credit in mind when you run across companies in need of working capital!
To learn more about the Yeti Hopper 30 cooler watch the video below:
Contact your GCBC Sales Representative Today!
Please like GCBC on Facebook by clicking the following link and we will keep you up to date on current events: Gulf Coast Business Credit Facebook Page. Please connect with GCBC on LinkedIn by clicking the following link: Gulf Coast Business Credit LinkedIn Page. And please join our LinkedIn Group for Referral Sources and Commercial Lenders.
* Referral must be received by February 15th, 2016 and deal must close before 12/31/16 to qualify.
Article Posted On: January 04, 2016