Gulf Coast Business Credit recently welcomed Tom McGaughy as VP, business development to lead its new office in San Antonio, TX.

For 10 years, McGaughy managed the land department for two independent oil & gas companies located in San Antonio in which he handled both oil & gas and real estate transactions. Over 8 years of his career was in the commercial real estate industry in San Antonio. McGaughy has spent more than 12 years of his career in the finance industry, including factoring & ABL, private equity and commercial banking.

McGaughy said, “I’m excited to join the GCBC team; they have a tremendous reputation for integrity and professionalism in the factoring industry, and San Antonio is a great fit for the GCBC product.”