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.
Why Truckers Attend The Great American Trucking Show
With GATS being one of the largest truck shows in the nation, GCBC was pleased to attend this year’s show as an exhibitor. The show featured over 500,000 feet of exhibit space with everything that a trucker would need including educational sessions, a truck beauty pageant, and exhibits from leaders in the industry, like GCBC.
“Having attended a great deal of trucking shows nationally, the quality of attendees at GATS was one of the best I’ve seen. People came to the show with a full agenda determined to research and price a variety of trucking services and products. And, many were looking at factoring.” said Stuart Wrba.
Robert James added, “When you combine thousands of attendees with great products and services, good things are going to happen. You see the finest and most current products used in the trucking industry which is a benefit to all who attend.”
With over 20 years of dedicated experience in the trucking industry, GCBC enables transportation companies to focus on their growth potential rather than its cash flow through freight factoring. We’re so sure that Gulf Coast is the right solution for your freight factoring and asset based lending needs, we will waive your first month’s factoring fees if you fill out a Quick Quote before April 30, 2016.
Additionally, GCBC offers their customers EFS Fuel Cards and Fuel Advances. Carriers that sign up for both factoring and the fuel card program with Gulf Coast will receive a promotional offer of $500.00 funded direct to their Gulf Coast fuel card account.
GCBC has production offices located in Colorado, Georgia, Louisiana and Texas. GCBC is able to provide hassle free financial support to companies of all sizes; ranging from large fleets to fleets of one. For more information, please phone: 866-577-8867 or email: email@example.com.
Article Posted On: September 04, 2015