GCBC said the oilfield service company was factoring with a private competitor and came to GCBC through a company that provides part-time CFO services. The company is experiencing rapid growth and concentrations from debtors active in the multiple shale plays located in Texas. GCBC provided a significant savings over the private competitor, and expects to save the client over $100,000 a year in fees!
GCBC
GCBC Provides $3MM Facility to Oilfield Service Company
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