Great Lakes Commercial Finance (GLCF) proudly announces Laura Seromik’s promotion to Vice President of Closing and servicing. Laura, who recently celebrated her ninth anniversary with GLCF, brings an impressive 30 years of experience in commercial lending, closing, and servicing to her new role. She earned her Bachelor’s degree in Marketing Management from Olivet College. In her new position, Laura will …
GLCF ALP Designation Extended: Your Fast Pass to SBA!
GLCF Earns Prestigious ALP Designation Extension for Another Two Years GLCF has proudly been part of the SBA’s Accredited Lender Program (ALP) for years. Every two years, we reapply for this designation, and we are excited to announce that our ALP status has been extended through May 2026. This prestigious designation is awarded only to the nation’s highest-performing SBA 504 …
Unlock Growth with SBA 504 Loans!
Are you a small business ready to expand? Look no further than the SBA 504 program! One of the biggest issues small businesses encounter have to do with proper financing. Starting a business is far more difficult than it may look from the surface. Once entrepreneurs are ready to start, grow, or expand their business, they must consider many financing …
Government Funding Update – FY 2024
As of March 21, 2024 Courtesy of our national association, NADCO. FY24 Government Funding Status: Congress has agreed on government funding and released the final six funding bills earlier on March 21, 2024, setting up a tight timeline for passage of the legislation. The House is expected to vote early on March 22, 2024, before sending the bill to the …
GLCF Welcomes Chazney Balmer – Our New Closing Specialist!
Great Lakes Commercial Finance (GLCF), a leading provider of SBA 504 loans in Michigan, is pleased to welcome Chazney Balmer to their team as a Closing Specialist. Chazney is part of the Closing and Servicing Team and will assist in closing approved 504 loans in compliance with SBA rules and regulations. Born and raised in the Grandville area, Balmer got …
GLCF’s Welcomes Tom Sreckovic – Our New Southeast Michigan Loan Officer!
Great Lakes Commercial Finance (GLCF), a leading provider of SBA 504 loans, is pleased to announce the appointment of Tom Sreckovic as the new Commercial Loan Officer responsible for serving Michigan’s Southeast side. He will be working to develop and foster relationships with lenders, small businesses, economic development professionals, and other partners, covering all of Southeast Michigan, including Oakland, Macomb, …
Join Us For Industry Insights & Happy Hour
We are excited to extend a special invitation to all commercial lenders and their lending teams to an informative seminar followed by a networking happy hour! Industry Insights: During the seminar portion of the event, you will hear from Brian Picarazzi and Romy Ancog from the U.S. Small Business Administration (SBA), alongside our very own in-house SOP guru, Gary Witkowski. …
Bradd Pierce, GLCF’s Senior Loan Officer – Experience Matters!
Looking for an experienced SBA 504 Loan Officer? Meet Bradd Pierce. Since 2010, Bradd Pierce, Senior Loan Officer, has developed relationships and trust with lenders and small business owners throughout Western and Central Michigan. During his tenure, Bradd has funded hundreds of different SBA 504 loan scenarios and has a wide range of diversity in his portfolio. Bradd offers lenders and borrowers …
SBA Releases A New SOP, New Rules on Affiliation, and Eliminates the Loan Authorization!
GLCF received the following information from the SBA’s Office of Capital Access (OCA). They have published several important documents that will affect both the 7(a) and 504 loan programs. SOP 50 10 7 is effective Aug. 1, 2023, and will apply to all 7(a) and 504 applications received by SBA on or after that date. SBA Lenders and SBA employees …
Gary Witkowski is Back Serving the Northern Michigan Market!
Gary Witkowski is back in Northern Michigan! After a recent staff change, in addition to his current role of managing the credit and sales departments, Gary Witkowski is back serving the lenders and small business owners of Northern Michigan as Loan Officer! GLCF has been and continues to be the #1 SBA 504 provider in Northern Michigan, and we are excited to …