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GCBC PROVIDES A $2 MILLION WORKING CAPITAL FACILITY TO PERFORMANCE APPAREL

GCBC PROVIDES A $2 MILLION WORKING CAPITAL FACILITY TO PERFORMANCE APPAREL

Gulf Coast Business Credit (GCBC) recently provided a $2 million working capital facility to a performance sports clothing distributor.

The company produces and distributes bamboo-based performance apparel. The bamboo is mixed with cotton to create a new performance material that has all the benefits of polyester, but with none of the downfalls.

As a current client of GCBC, the owner reached out directly to explore financing options with GCBC. “The company’s previous bank was not able to give them enough availability to keep up with the growth of their products. With GCBC’s accounts receivable financing, the company can now meet the demand for their innovative clothing line,” said Adam Landry, GCBC Vice President of Business Development.

With production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana, GCBC is recognized as a leading provider of working capital finance throughout the United States. To view other recent deals, visit www.gulfcoastbc.com/news.

Adam Landry is a Vice President of Business Development located in Louisiana. You can contact Adam either by email: adamlandry@gulfbank.com or phone: 985-974-5725.

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