Gulf Coast Business Credit recently funded a $250,000 working capital facility for a work hazard management & consulting company that was referred by a community banker in Louisiana.

The company has a team of experienced consultants from various industries that teaches training programs and provide personnel and technical consulting to help manage and reduce hazards on the worksite.

In order for the company to continue growing, they reached out to a community banker to explore traditional financing options. Since the company was not in a position to qualify for traditional financing, the banker used this opportunity to educate them on alternatives to traditional lending and referred them to GCBC.

The company chose GCBC because GCBC was able to provide the necessary capital the company needed through invoice factoring at a competitive rate with flexible terms. Now, the company will be able to continue growing and stress less about their cash-flow with the anticipation of a large client coming on board within the next few months.