Alternative Financing Solutions for Businesses
Great Lakes Business Credit, (GLBC) provides customized solutions for businesses looking for alternative financing. We offer financing packages from $100,000 – $2,000,000 with the following services:
- Lines of credit secured by accounts receivable, inventory and equipment
- Factoring of accounts receivable
- Equipment financing provided GLBC also provides accounts receivable financing
Our Goal: Help Businesses Regain Financial Stability
At GLBC, our ultimate objective is to help businesses achieve financial stability and qualify for conventional financing. We know that once we have provided the necessary capital, your borrower will work hard to get back on track and we support that effort.
No Pre-Payment Penalties
Our commitment to helping borrowers get back to conventional financing means there are no pre-payment penalties. Borrowers can terminate their loan relationship with GLBC without penalty by providing a 60 day notice.
Independent Broker Compensation
GLBC offers independent loan brokers 1% of the commitment amount at closing for lines of credit. Factoring packages are paid up to 10% of earned factoring revenues.
Contact us today to complete a non-exclusive broker agreement with Great Lakes Business Credit.
Our experienced management team looks forward to customizing a financing package to meet the capital needs of your client.