Great Lakes Commercial Finance (GLCF) is a non-profit lender based in Grandville, MI, that specializes in providing access to capital for small businesses in Michigan. As a Certified Development Company (CDC) approved by the U.S. Small Business Administration (SBA), GLCF offers the SBA 504 Loan Program, which allows small businesses to purchase or refinance commercial real estate and machinery/equipment. With a team of experienced experts, GLCF streamlines the financing process for both small businesses and lending institutions, offering benefits such as low interest rates, flexible terms, and expedited loan approvals.
Since its establishment in 1980, GLCF has funded over 1,000 504 loans, totaling more than $100 million in loan proceeds. These loans have played a crucial role in creating and retaining over 11,000 jobs in Michigan. By encouraging the use of 504 lending, GLCF supports the growth and success of small businesses, which are vital to the overall health of the American economy.
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