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.
Simple Success Solutions - Part 3: Put Customers First - Costco
Take a lesson from Costco and put your customers first. As one of the largest retailers in the world, Costco originally opened as Price Club nearly 40 years ago in San Diego, California with a mere $2.5 million raised by friends and family.
The company originally served only small businesses; however, they formed the first Costco about 7 years later which allowed non-business members. The newly formed Costco was an immediate hit and went from $0 to $3 billion in sales in less than six years. The two companies then merged in 1993 with over 206 locations and generates over $16 billion annually in sales.
Now, time for the lesson. One huge factor that allowed Costco to become the company it is today was that they always put their customers first. Customers at Costco pay membership fees to shop at their store. Pretty exclusive right? Their customers are loyal, though, for many reasons - including the hotdogs! You can purchase a hot dog and a soda for only $1.50. This price has not budged in over 15 years. Costco went from purchasing these hot dogs to actually manufacturing them to keep the cost down and the customers loyal.
Costco continually shops around for the best product at the best price for the customer. With the motto of putting your customer first, businesses can devise strategic ways of earning their profit without upsetting the customer. If you put your customer first, your return will be greater because you will earn their loyalty.
At Gulf Coast Business Credit (GCBC) we put our customers first and have clients that have maintained their relationship with our team for much longer than industry averages. GCBC assists a variety of companies, including start-ups, through account receivable financing. We look to to provide “the simple growth solution” for all of our customers. To learn more about GCBC, please call 866-577-8867 or email us at gcbcinfo@gulfbank.com.
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Article Posted On: November 04, 2014