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.
GCBC Attends the 47th Annual Community Bankers Association of Georgia Meeting & Trade Show
Gulf Coast Business Credit (GCBC)’s Stuart Wrba recently attended the 47th Annual Community Bankers Association of Georgia (CBA) Meeting & Trade Show September 23-27, in Savannah, Georgia.
This meeting attracted community bankers and industry professionals throughout Georgia to discuss how to enhance community banking, as well as provide opportunities to network. With approximately 200 community bank members, the CBA serves as a resource for education, networking, group purchasing, and political affairs.
GCBC attended this meeting as an exhibitor in order to network with bankers and discuss how GCBC can partner with bankers to assist them in retaining customers and stress less.
To learn more about the CBA, please visit www.cbaofga.com.
As a leader in accounts receivable factoring and asset based lending throughout the United States, GCBC partners with banks of all sizes to help bankers retain customers and achieve growth through new accounts. To learn why commercial lenders refer deals to GCBC, read our roundtable discussion.
To learn more about GCBC, contact us by phone at 866-577-8867, or by email at firstname.lastname@example.org. If you would like to stay informed on current promotions and discuss current issues within the accounts receivable finance industry, please join GCBC’s Bank Referral Sources Linkedin Group today.
Article Posted On: October 22, 2015