Our Story

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 $500 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 Rowe Great Lakes Business Credit
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 25 years in commercial lending both as an Asset Based Lender and a Commercial Banker. He began his career at NBD Bank and held commercial lending positions at Comerica, GMAC Commercial Finance, JPMorgan Chase, Level One Bank, and others. 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. He has held key management roles in setting up operations, establishing procedures & policy, and training employees for two commercial finance companies and a bank ABL department. James was a contributing member of the leadership team that started Great Lakes Business Credit in 2003.

Grace Pawlenko, Managing Director, Portfolio

Grace Pawlenko has an extensive background in relationship management with a focus on asset-based lending. Before taking on her current role as Portfolio Manager, Grace successfully contributed to the company as portfolio manager, underwriter and collateral analyst. Prior to joining Great Lakes Business Credit in 2012, she worked at small and large banks expanding her expertise in the lending environment. Grace graduated with distinction from the highly accredited Walsh College of Accountancy and Business Administration in Troy, Michigan where she received a Master of Science in Finance degree. Additionally, she holds a Bachelor of Business Administration degree with a concentration in finance.

Steve Sleder, Managing Director, Portfolio

Steve Sleder has extensive experience in commercial finance, both in Asset Based Lending and Commercial Floorplan lending. He has held positions in operations, auditing, risk management, and marketing and sales. Steve has been with Great Lakes Business Credit since July 2014. He previously worked for GE Capital, Deutsche Financial Services, and ITT Commercial Distribution Finance. Steve has a Bachelor’s degree in Economics from the University of Michigan.

Richbloom Headshot
Rich Booms, Managing Director, Underwriting

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.

Thomas Fisher, CPA, Controller

Thomas Fisher has more than five years of accounting and auditing experience with a background in public auditing, management, and internal auditing at a $2 billion credit union. He has an extensive background in internal control implementation and testing, including Sarbanes-Oxley internal control testing and reporting, and a demonstrated track record of process improvement. Thomas is a registered CPA in Michigan, and has a bachelor’s degree in accounting from Oral Roberts University.

Greg Nelson, Regional Director

Greg Nelson brings to Great Lakes Business Credit more than 20 years of senior-level financial and banking experience, particularly in the commercial and asset-based lending sectors. Nelson is responsible for operations and business development in a six-state region comprised of Illinois, Wisconsin, Minnesota, Iowa, Missouri, and Northern Indiana. Nelson was most recently vice president of commercial banking at Bank of Hope in Arlington Heights, Ill. In addition, Nelson has held senior-level positions at Chicago’s LaSalle Bank and BMO Harris Bank, also in Chicago. He is a graduate of Indiana University Northwest, where he earned a Bachelor of Science degree in business administration with a concentration in finance.

Terry Bowersox, Senior Business Development Officer

Terry Bowersox has 50 years’ experience in the commercial banking/leasing field and has been formally part of the GLBC team since early 2019. He is a Member of the West Michigan Chapter of the Turnaround Management Association. Prior to joining GLBC, Terry was CEO/President of his own company, TLB Financial, LLC, and served in business development leadership roles at Sterling Commercial Credit and Crestmark Bank

Robert Gard, Managing Director, Field Exam

Robert Gard has extensive experience in asset-based lending. In addition to conducting recurring field exams, Robert is also actively involved with managing field exams on new business. Prior to working at Great Lakes Business Credit, Robert was employed at a large bank where he was lead examiner on several large complex exams that consisted of multiple affiliates and several team members at multiple locations. Robert has experience in a variety of industries and along with excellent communication skills effectively collaborates with clients and team members. Robert earned a Bachelor of Accountancy degree from Walsh College in Troy, Michigan.

Bryce Guitar, Director, Field Exam

Bryce Guitar began working in the financial services industry after graduating with a degree in Finance from the highly accredited Walsh College of Accountancy and Business Administration in Troy, Michigan. Bryce, who previously served as a GLBC field examiner, successfully owned and operated his own small business which sold tickets to sporting events and concerts throughout the country.

Miguel Ochoa, Director, Field Exam

Miguel Ochoa graduated from Walsh College in 2021 with a bachelor’s degree in finance. Immediately after graduating, he followed his passion and joined the finance industry at GLBC and began his career as a field examiner Miguel uses his analytical and organizational skills to confirm and relay financial data. In addition, Miguel previously worked as a manager at a successful restaurant in Clinton Township, MI.

Allie Corp, Director, Underwriting

Allie Corp has over five years of professional experience specializing in customer service, sales and banking. After receiving her bachelor’s degree from Calvin University, she began her career in finance with the largest mortgage lender in the U.S. She excelled in customizing the best products to meet client financial goals, managing large portfolios, and consistently exceeding client expectations resulting in multiple Regional Top Banker awards. Her ability to optimize processes, attention to detail, and desire to help grow small businesses brought her to GLBC in August 2019 when she joined the team as a Collateral Analyst. She is responsible for handling the day-to-day operations with our clients, ensuring all needs are met.

Dana Wheaton, Director, Collateral Monitoring

Dana Wheaton uses her problem solving, organizational, and customer service skills to get the job done right. With a passion for customer satisfaction, she will go the extra mile to address customer requests. Dana enjoys expanding her experience in the commercial lending space. She earned a Bachelor of Accountancy degree from Walsh College, Troy, Michigan.

Lidia Saulitis, Director, Administration

Lidia Saluitis has extensive business experience across a variety of responsibilities and brings long standing history of maintaining exceptional customer service through consultative approach and trend analysis.  Lidia holds a bachelor’s degree from the University of South Florida and a master’s degree in Business Administration from Walsh College in Troy, Michigan.  Prior to joining Great Lakes Business Credit in February 2020, she worked as an Account Manager for Cigna Group Insurance Company.

Maryam Soliman, Collateral Analyst

Maryam Soliman is highly motivated, curious and detail oriented. She has great skills in teamwork and communications and aims to efficiently improve and maintain customer satisfaction. She has earned a bachelor’s degree in Business Finance at Oakland University, Rochester Hills, Mich. Maryam is looking to expand her learnings, knowledge, and utilize her business studies background to the maximum.

Mitchell Homant, Intern

Mitchell Homant is a recent graduate from Michigan State University’s Eli Broad College of Business in East Lansing, Mich. He earned a degree in Finance and is looking to expand his experience and knowledge in the Business Finance field.

Megan Abundis, Intern

Megan Abundis is currently pursuing a bachelor’s degree in Finance from Walsh College of Business. Previously working in senior living as a dining room supervisor, Megan has developed a special set of customer service skills that will aid her with any obstacle or job. She is looking forward to expanding her experience in the Finance field as well as exploring the different sectors.

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