Check out our latest articles to help you and your business.

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.

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

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

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

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

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

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

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

GLCF’s On-Staff Attorney Elevates Our Closings Process To Best-In-Class!

In July of 2022, GLCF welcomed the addition of Lexi Woods, General Counsel, to the GLCF team!  Lexi's primary focus at GLCF is in our Closing Department. She uses her

Great Lakes Commercial Finance is Named CDC Lender of the Year for FY 2022

The U.S. Small Business Administration (SBA) Michigan District Office recognized Great Lakes Commercial Finance (GLCF) as the state’s CDC Lender of the Year for 2022. The award was presented to

The Benefits of the 504 Loan Program for your Business

If you’re a lender or a small business owner, you’ve probably heard of the SBA 504 loan program. Great Lakes Commercial Finance (GLCF) is an accredited lender authorized by the

The SBA 504 Loan Program in a Rising Rate Environment

Inflation. Price Increases. Rising Interest Rates. These topics seem to be on everyone’s minds, especially as small business owners continue to navigate the current economic conditions and stabilize or grow

SBA 504 Application Do’s and Don’ts

The GLCF team is second to none, and we have years of experience helping entrepreneurs through the SBA 504 Loan Application process. Additionally, our loan officers personally assist our lenders