GCBC Closes A/R Financing for Electrical Services Company
Gulf Coast Business Credit funded a $2.0 million working capital facility for a Louisiana-based marine electrical services company referred by a community banker.
Gulf Coast Business Credit funded a $2.0 million working capital facility for a Louisiana-based marine electrical services company referred by a community banker.
Gulf Coast Business Credit funded a $1.5 million working capital facility for a Louisiana-based staffing company.
Gulf Coast Business Credit provided $2.4 million in funding to staffing companies through several new accounts receivable factoring and asset-based lending relationships in 2016.
Gulf Coast Business Credit established new client relationships in March that included three working capital transactions totaling $1.85 million.
Gulf Coast Business Credit funded 15 new accounts receivable factoring and asset-based lending relationships during the month of January.
Gulf Coast Business Credit funded a $500,000 working capital facility to an Oklahoma-based manufacturer that was referred by a community banker.
Gulf Coast Business credit funded a $500K working capital facility for a transportation company that was referred by a Louisiana banker.
Gulf Coast Business Credit’s Robert James funded a $150,000 working capital facility and provided GCBC fuel cards to a Tennessee-based trucking company.
In the month of September, Gulf Coast Business Credit (GCBC) said it funded 15 new factoring and asset-based lending (ABL) relationships.
Gulf Coast Business Credit, a division of Gulf Coast Bank & Trust, said it is celebrating its 15th anniversary as a leader in accounts receivable finance and asset based lending solutions.