Home/Invoice Financing Companies/Great Lakes Business Credit LLC

Contact

1700 West Big Beaver, Ste. 235
Troy, MI 48072

P: (248) 733-0300
F: (248)458-6015
W: www.greatlakesbusinesscredit.com

Management

  • John Boyle: Managing Director
  • James Campbell : Senior Credit Officer
  • Rhett Rowe : Senior Regional Marketing Director

Summary

Great Lakes Business Credit was founded at Troy, Michigan in 2002. The company emphasizes financing that enables small companies to regain financial stability and return to conventional financing. The company offers asset-based lines of credit and factoring facilities, for which eligible collateral includes accounts receivable, inventory, machinery and equipment. Service specifics include:

  • Financing from $100,000 to $2 million.
  • Advance rates of up to 85 percent of accounts receivable value and up to 50 percent of inventory.
  • Account approval and funding within four weeks of receiving client financial information.      

Size of Loans

  • Up to $250,000
  • $250,000 - $1,000,000
  • $1,000,000 - $5,000,000

Available Financing

  • ABL
  • Accounts Receivable Financing
  • Factoring Recourse
  • Trade Finance

Industries

  • Automotive
  • Government Contracts
  • Manufacturing
  • Staffing
  • Steel