Daily News: April 1, 2015

GCBC Funds Facility for Transportation Company

Gulf Coast Business Credit (GCBC) funded a $500,000 working capital facility for a Texas-based transportation company.

With a fleet of 8 vehicles, the transportation company specializes in hauling general freight nationwide and was referred to GCBC by a finance firm.

The company chose to factor with GCBC in lieu of another because GCBC was able to offer more competitive rates.