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As an independent loan broker you generate your income by closing deals.  When you have identified a prospective business borrower you want to work with experienced, creative decision makers.  That is why you should call Great Lakes Business Credit (GLBC).  Our experienced management team will work with you to understand the business and devise a financing package that meets their needs.

    
GLBC provides financing packages from $100,000 to $2,500,000.  We provide the following types of financing packages:
              
- lines of credit secured by accounts receivable and inventory  
              
- factoring of accounts receivable
              
- equipment financing where GLBC is also providing accounts receivable financing
              
- real estate financing where GLBC is also providing accounts receivable financing  
              
Our job is to provide a prompt response and be able to fund your transaction quickly.  We will communicate with you throughout the process.  We also understand our role.  We know that once we have funded our transaction your borrower will be working hard to get back to conventional financing.  We support that effort.  We are so committed to helping your borrower get back to conventional financing that we do not use pre-payment penalties.  Our borrowers can terminate their loan relationship without penalty by simply providing a sixty day notice.
    

Great Lakes Business Credit offers generous compensation to our independent loan brokers.  GLBC pays 1% of the commitment amount at closing for lines of credit, equipment financing and real estate financing.  We also pay up to 15% of factoring revenues for factoring deals.  If you would like to complete one of our non-exclusive broker agreements or if you just want to discuss a deal contact us.

 

   
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