About Us

Great Lakes Commercial Finance (GLCF)

GLCF is a Certified Development Company that partners with lenders to help small business owners finance fixed assets through the 504 Loan Program.  The main benefits of the 504 Loan Program are a low down payment and low fixed interest rates for up to 25 years.   GLCF was founded in 1981 and has over 35 years of experience to guide you through each step of the 504 Loan Program.  Our expert staff has many years of experience and knows how to streamline the process – for both small businesses needing financing and lending institutions seeking to minimize loan risk.

Designations – Accredited Lender Program (ALP Lender)

Based on performance, Great Lakes Commercial Finance (GLCF) was proudly selected to participate in the SBA’s Accredited Lender Program (ALP). Being part of this program grants GLCF enhanced authority to efficiently process, close, and service 504 loans. As a result, our customers benefit from expedited processing of loan approvals and servicing actions.

Under the ALP designation, Certified Development Companies (CDCs) like GLCF are responsible for conducting comprehensive credit and eligibility analyses for loan applications and servicing actions. SBA trusts GLCF’s credit analysis, enabling quicker decision-making regarding debenture guarantees and streamlined documentation processes.

The Personal Touch

Admittedly, securing any loan can be intimidating, but our team specializes in alleviating business owners’ worries. We provide tailored, one-on-one assistance to simplify the loan process, ensuring transparency for all. Open communication is our priority, ensuring everyone stays informed about each stage and any relevant updates.

To lenders, we offer an ongoing invitation to meet with you and your clients to introduce the 504 Loan Program. Our pledge is to streamline and accelerate the loan process for everyone involved, ensuring a seamless and efficient experience.

On-going Support

Our commitment doesn’t end with loan approval. We guide both small businesses and lenders through every step until the loan is funded. Furthermore, GLCF remains in constant contact with the small business throughout the loan’s lifespan. We monitor and encourage performance, service the loan, and promptly address any questions or concerns that may arise.

Statewide Service

GLCF is dedicated to funding projects throughout Michigan. Our loan committee comprises members representing diverse regions across the state, offering invaluable insights into local communities. This unique setup enables us to offer robust lender support and expedited responses to projects in all Michigan markets.

We’re committed to aiding your growth and success! Reach out to us today to begin the process of securing approval for an SBA 504 loan.

Julie Parker, President & CEO