Daily News: March 18, 2015

GCBC Provides Working Capital Facility to Freight Company

Gulf Coast Business Credit (GCBC) recently provided a $500,000 working capital facility to a Kentucky-based freight company.

The company specializes in providing nationwide general freight hauling and was referred to GCBC by a finance firm. GCBC was able to offer the company immediate funding to help pay drivers and improve their cash flow.

“Our current economic environment is favorable for transportation companies looking to expand and GCBC is happy to be rolling out a new freight fast track program that will enable our clients to focus on growth versus struggle with cash flow. My team has over 20 years of dedicated experience in the transportation industry and we are ready to assist,” said Meg Roberson, GCBC’s VP and national sales manager.