It doesn’t matter if your business
is established or a start-up, there comes
a time when you need more credit and purchasing
power than is presently available to you.
Just think of what your company can do with
better cash flow:
- Expansion
of Payroll
-
Take advantage of supplier discounts
-
Pay Operating Expenses
-
Purchase of additional inventory
-
Meet monthly debt service requirements
- Pay taxes
-
Increase sales and profits
Accounts
Receivable Factoring at Gulf Coast Business
Credit will help you improve your cash flow.
Let us take the stress out of managing your
credit and finances so you can focus on growing
your business.
Factoring with Gulf Coast is simple.
Clients fill out a schedule of invoices they
wish to sell when they need cash. Upon receipt of the schedule,
Gulf Coast Business Credit will fund 75-90%
of the total amount. Once the invoice is collected in Gulf
Coast’s lockbox, the reserve account (less fees) will be returned to the
customer.
Factoring with Gulf Coast
is competitive.
Because of its bank affiliation, Gulf Coast
has a less expensive cost of funds than most
factoring companies, and it passes those savings
along to its client in the form of lower fees.
There are also no hidden fees and typically
no monthly minimum factoring amount. Clients
also get the services of Gulf Coast’s
credit department and lockbox services at no
additional cost.
Factoring with Gulf Coast is flexible.
Contracts with Gulf Coast contain no restrictive
financial covenants. Turn around situations,
losses, high leverage and high accounts receivable
concentrations are not a problem for Gulf Coast.
