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 to Attend Texas Trucking Show
Gulf Coast Business Credit’s (GCBC) Adam Landry and Jeremy Talton will be attending the Texas Trucking Show June 25-27, 2015 in Houston, Texas.
GCBC will be attending the Texas Trucking Show in order to network with trucking industry professionals and discuss how freight factoring and asset based lending can help manage their cash flow.
During the Texas Trucking Show, attendees will be able to network with a wide range of trucking industry professionals who offer products, services and resources such as trucking accessories, parts, recruitment, marketing services, and much more! To learn more about the Texas Trucking show, visit www.texastruckingshow.com.
GCBC's Freight Fast Track is the quick and easy way to lower your factoring and asset based lending fees. As a division of Gulf Coast Bank, our transportation prospects receive Instant Approval, Same Day Funding, Lower Rates and Increased Security. We also offer EFS Fuel Cards and Fuel Advances. 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 today.* Apply now!
If you are interested in learning more on how Gulf Coast Business Credit may be able to assist your business through freight factoring or asset based lending, please contact us by phone at 866-577-8867 or by email at email@example.com.
* Quick Quote must be submitted by August 31st, 2015 and deal must close before 12/31/15 to qualify.
Article Posted On: June 24, 2015