Daily News: February 20, 2014

Gulf Coast Business Credit VP Closes $6.5MM in Recent Deals

Gulf Coast Business Credit’s Robert James recently closed deals consisting of a $500 million working capital facility to a frac sand and water transportation company, a $3 million working capital facility to an oilfield service company and a $3 million working capital facility to an oilfield equipment and water transportation company.

James joined GCBC more than a year ago as VP of new business development in the Colorado market.

“I am so happy to be part of Gulf Coast Business Credit,” James said. “When banks tell clients ‘no,’ we are able to say, ‘yes.’ Through GCBC’s accounts receivable financing, we are able to help companies reach their full growth potential.”

Prior to joining GCBC, James was a senior account manager focused on business development with Yellow Book 360 for more than 11 years.

“James’s outstanding history as a top producer, work ethic and talent are invaluable to our sales team. He plays a vital role in the development and growth in our division,” said Meg Roberson, GCBC national sales manager.