Why Choose GCBC – Gulf Coast Business Credit

WHY CHOOSE GCBC?

GCBC has the ability to move quickly. Pre-approval is completed within 24-hours and funding within five business days.
GCBC’s fees and rates are typically 50% lower than other factoring companies.
GCBC’s policies and procedures are under constant scrutiny of the bank examiners. This results in a more professional approach with customers.
Debtors can continue making payments to the name of our customer vs. XYZ Factor.
GCBC offers flexible contract terms ranging from 90-days to 12-months.
GCBC’s pricing is calculated from funding date. Many of our competitors charge from invoice date.
GCBC allows the customer to finance as needed. The customer does not have to factor every invoice, nor is there a monthly minimum requirement.
GCBC has the ability to partner with a bank that has a working capital line in place with a company in order to carve out a specific debtor concentration.
GCBC provides professional, comprehensive accounts receivable finance management, including credit reviews for account debtors credit protection and collection assistance (upon request).
Gulf Coast Business Credit is the Factoring, Accounts Receivable Finance and Asset-Based Lending Division of Gulf Coast Bank & Trust Co. As a division of a bank, GCBC doesn’t rely on financing from outside sources, giving us lower cost of funds, which is passed on to our clients in the form of lower fees.