Daily News: March 13, 2014

GCBC Provides Performance Apparel Distributor Facility

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

As a current client of GCBC, the company 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 VP of Business Development.

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