Great Lakes Business Credit was established in 2002. Our experienced team of dedicated financial professionals serves companies with potential that are unable to obtain bank financing. By working to understand our clients' business, Great Lakes structures flexible financing with asset-based lines of credit. By structuring financial packages that meet their immediate needs, we help companies regain financial stability and return to conventional financing as soon as possible.
We have already provided more than $300 million in asset-based lending solutions, helping companies grow throughout our footprint.
GLBC offers the widest and most accessible array of alternative finance solutions in the industry.
Meet Our Team
Rhett B. Rowe, Chief Executive Officer
Rhett Rowe, a highly respected leader with more than 30 years in finance, has always been an innovator and has a proven track record of energizing sales operations, building successful sales and credit teams, managing key accounts, and optimizing people and processes. He has previously served as the CRO and COO at GMA Fund, an international family office, and held earlier C-level positions at Capital for Merchants of North American Bancard, KeyBank, First National Bank of Colorado, PMFCU, Arvest Bank, Comerica Bank, and others. Rowe is active in the Association for Corporate Growth, Turnaround Management Association, Secured Finance Network, and Risk Management Association. Entering commercial banking after earning his degree in economics at the University of Michigan, Rowe soon after completed his MBA in finance at the University of Detroit.
James Campbell, Chief Operating Officer
James Campbell has over 24 years in commercial lending both as an Asset Based Lender and a Commercial Banker. His experience includes middle-market and small business lending, credit & underwriting, portfolio management, operations management, field exam, commercial loan legal documentation, loan workout, and risk management. He is an attorney and has been a member of the Michigan Bar since 2011. James was a contributing member of the leadership team that started a commercial finance company in 2003 that continues to operate today. He has played key management roles in setting up operations, establishing procedures & policy, and training employees for two commercial finance companies and a bank. Most recently, he has helped a community bank set up an ABL department by writing policy, creating procedures, and building a portfolio of customers.
Rich Booms, Senior Underwriter
Rich Booms has more than 10 years of underwriting and relationship management experience, including specialized asset-based lending. After returning to Michigan in 2018, he worked for a small private equity firm followed by his role with a publicly-traded bank. Booms has gained his experience through a diverse group of lending environments, both small and large banks, and non-bank and private equity firms, including asset-based lending, leveraged finance, purchase invoice finance, rediscount lending, upper/middle market lending, small business banking, and private client lending.