March 2026

New For FY 2026:

🏭 Manufacturing Rates (NAICS 31–33):

📌 25-year: 5.48%

📌 20-year: 5.53%

📌 10-year: 5.31%


SBA has waived both the upfront guaranty fee and the ongoing guaranty fee for manufacturers (NAICS 31–33).

The purpose of GLCF's Manufacturing Rate is to demonstrate how waiving the ongoing guaranty fee impacts the overall SBA 504 effective rate.

Additionally, GLCF is upping the ante by covering 50% of the third-party lender fee (up to $5,000) for manufacturing projects approved through September 30, 2026, thereby providing our Manufacturers in Michigan, as well as those in Indiana and Ohio border counties, with even more benefits. You can read more about it below, or click the link: https://buff.ly/qgucMEu.

March Madness Viewing Party Recap

What an incredible turnout! Yesterday’s March Madness Viewing Party was a sold‑out success, bringing together over 150 attendees for an afternoon of great basketball, networking, and fun.

Guests enjoyed a lively atmosphere filled with delicious food, drinks, appetizers, and interactive games throughout the event. The room was buzzing with excitement as everyone came together to cheer on their favorite teams and connect with fellow GLCF members.

A huge thank-you to our amazing event partners: Sun Title, Plunkett Cooney, and Applied Environmental, for helping make this event possible. And, of course, thank you to everyone who attended and helped create such a memorable experience.



We’re already looking forward to the next one! 🏀🎉

GLCF Lenders Cup

Join us for a fun day of golf, drinks, lunch, prizes, and an after-round gathering at the 2026 Lenders Cup - happening Thursday, September 17th!

Participation is open to lending institutions with at least one loan approved between now and September 16th.



Looking for extra visibility? Sponsorships are going fast, and becoming a sponsor is a great way to elevate your brand throughout the event and beyond.

For more Golf Outing Information, click Here

Great Lakes Commercial Finance is proud to support the Family Business Alliance and their mission to build a strong community of family business leaders.

This year, Family Business Alliance is conducting a regional Economic Impact Study to better understand the role family-owned businesses play in our local economy.

We invite you to share this opportunity with any family-owned businesses you work with or know. The survey takes less than 10 minutes, and all responses are confidential.

Why it matters:

• Helps quantify the impact of family businesses in West Michigan
• Strengthens advocacy with policymakers and lenders
• Ensures family businesses are accurately represented

Thank you for helping support and strengthen family-owned businesses across our region.

Do you have a client who could benefit from learning how to secure SBA financing?

Join the SBA Michigan District Office every third Thursday for an online Access to Capital Information Session, where experts explain how lenders assess loan requests and outline SBA financing options.

This session helps business owners understand the “Five Cs of Credit” and prepare stronger, more competitive applications.

Join one of these monthly sessions to learn more:

All sessions will be from 12:00 pm - 1:00 pm

FY2026 Schedule (Virtual)

Schedule a Time to Learn More About

the Benefits of the SBA 504 Loan Program

Interested in learning more about the SBA 504 Loan Program? If you or your team would like to better understand the program and how it supports both small businesses and lending partners, please schedule a meeting with one of our loan officers. Presentations can be tailored to your group size and time constraints.

Lender Leader Board

We want to thank all the lenders that have had loans authorized through GLCF by the SBA in FY 2026. At the end of our current fiscal year (09/30/2026), the lending institution with the most loan approvals will receive GLCF's Lender of the Year Award!