Great Lakes Commercial Finance

As the holiday season begins, we want to express our gratitude to all of our loyal and committed lenders and partners who have worked diligently with us over the past year to make GLCF’s success possible. ?? We are excited to host a holiday open house on December 18th at Gravity Taphouse and Grille, and you are all invited to celebrate this incredible year with us! Please join us for an afternoon of complimentary drinks and food. ?? RSVP using this link: https://buff.ly/4fYKoaw.

GLCF is thrilled to announce its approval for a Local Economic Area (LEA) Expansion. The expertise, streamlined processes, and client-centered focus offered by GLCF are unmatched. With this addition, our positive impact will continue to grow. ?? This expansion allows GLCF territories to extend beyond state borders to Lake, Porter, La Porte, St. Joseph, Elkhart, La Grange, and Steuben counties in Indiana, as well as Williams, Fulton, Lucas, Wood, and Ottawa counties in Ohio. ?? Read more about this exciting update: https://buff.ly/3OkH8uf

Congratulations to GLCF's Lender of the Year, West Michigan Community Bank! “West Michigan Community Bank is proud to accept the Great Lakes Commercial Finance Lender of the Year award. This award represents West Michigan Community Bank’s steadfast commitment to the business community of West Michigan.?West Michigan businesses relationships are the focal point of who we are at West Michigan Community Bank,” said Matt Hoeksema, President & CEO of WMCB. Congratulations to WMCB on this achievement, and a huge thank you to all 24 lenders for their constant support. Together, we’ve made a real difference by boosting economic growth, creating jobs, and helping small businesses grow with affordable financing. Read about this prestigious award here: https://buff.ly/3CtqplX

There are so many exciting things happening at GLCF! Read our November newsletter for recent updates, including our Lender of the Year recipient, a featured funding project, new board members, and more:

The GLCF team had an incredible experience at NADCO: National Association of Development Companies's NOW '24 Conference in Austin, Texas, which drew a record-breaking crowd of over 700 attendees! This event offered a packed agenda of general sessions and breakouts, regulatory updates, special events, and in-depth training opportunities. GLCF brought a team of eight, and it was a valuable learning experience for everyone—especially for four of our newest team members who attended for the first time. We are proud to have been part of this milestone event and look forward to attending again next year!

Happy Veteran's Day to all who have shown bravery and commitment. We thank you for your service. At GLCF, we are honored to be a part of the VetLoan Advantage program. Our exclusive incentives make SBA 504 and SBA 7(a) loans more accessible and affordable for veteran-owned or active-duty military-owned businesses. We proudly support those who have courageously served our country. See more details about the VetLoan Advantage Program here: https://buff.ly/4ertCQg

The SBA 504 rates for November are officially here! ?? These interest rates help set the foundation for securing the best financing plan to support your business’s growth. Our team is ready to bring your ideas to life and ensure you receive the best possible outcome through the SBA 504 loan program. ?? Let’s start a conversation! Meet our team here: https://buff.ly/3UG7EB8 ??

Meet our expanded Closing & Servicing team, we are here to help you! We’ve grown our team to better serve you, therefore you may hear from any of our designated experts regarding your SBA 504 loan servicing needs. For more details regarding this expansion, please click here: https://buff.ly/3UF4O05

Our Industry Insight event was a success! We welcomed an enthusiastic group of lenders for an in-depth presentation on the SBA's Working Capital Pilot (WCP) Program, presented by Romy Ancog from the SBA, along with updates to the 504 Loan Program presented by the GLCF team. Special thanks to Sun Title for hosting! The afternoon wrapped up with a happy hour, providing everyone with a great opportunity to connect and network. Romy also joined the GLCF team on a tour to promote both programs, beginning with a presentation at ChoiceOne Bank, followed by presentations at Mercantile Bank, Huntington National Bank, and Lakeshore Advantage.

Happy Halloween from the GLCF Team! ?? Taking big steps for your business can feel a little spooky, but our team of experts is here to take the stress out of the process. Don’t let fear hold you back—reach out to one of our loan officers today to get started on a deal! Wishing you a safe and fun Halloween night! ??