Is your business looking to buy or construct a building or add machinery and equipment? The Chamber can help connect you to the right resource. Small Businesses along the Lakeshore can access long-term low-interest financing called SBA 504 loans through Great Lakes Commercial Finance (GLCF). The SBA 504 loans, which GLCF processes, closes and services, are made to small businesses for real estate acquisitions, construction and equipment purchases. 504 financing offers several advantages to the small business investor including longer terms, low down payments, attractive interest rates and lower lender risk.
Great Lakes Commercial Finance and Lakeshore 504 have merged their operations, and all loans previously managed by Lakeshore 504 are now managed by our Small Business Finance Partner, Great Lakes Commercial Finance (GLCF).
To learn more about GLCF and the SBA 504 Loan Program, watch the video below.