November 1, 2022
Great Lakes Business Credit Named to Inc.’s Inaugural Power Partner Awards
Roundup highlights B2B partners that support startups across all business functions and empower growth
TROY, Mich. – Nov. 1, 2022 – Great Lakes Business Credit, one of the nation’s fastest-growing nonbank asset-based financing companies, was honored today as Inc. Business Media announced the inaugural Power Partner Awards, honoring B2B organizations across the globe that have proven track records supporting entrepreneurs and helping startups grow. The list recognizes 252 firms in marketing and advertising, health and human resources, financial planning, engineering, logistics, and security, as well as other areas of business.
All 252 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of startups. These B2B partners support entrepreneurs across various facets of the business, including hiring, compliance, infrastructure development, cloud migration, fundraising, etc., allowing founders to focus on their core missions.
“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life,” says Scott Omelianuk, editor-in-chief of Inc. Business media.
“We are very honored to be included among the many successful businesses receiving this award which recognizes our ongoing support for entrepreneurs. It’s a tribute to the hard work and dedicated customer focus of our entire team,” said Rhett Rowe, CEO, Great Lakes Business Credit.
Backed by a five-year growth plan, and despite economic and pandemic challenges, Great Lakes Business Credit tripled its business over the past two years. A recapitalization in August 2020 expanded its lending capabilities.
In addition to its consistent work with minority and veteran owned companies, Great Lakes Business Credit is expanding its business footprint to include the eastern half of the U.S., from Minneapolis to Dallas and all points east.
About the awards: Inc. partnered with leading global social and media intelligence platform Meltwater to develop a proprietary methodology that uses sentiment from online conversations about organizations and translates it into numerical scores. Companies were evaluated on commitment, reliability, trust, creativity, supportiveness, and other virtues that offer value to clients. Inc. also conducted surveys to gather client testimonials as part of the process.
To view the complete list, go to: https://www.inc.com/power-partner-awards/2022
The November 2022 Issue of Inc. magazine is available online now at https://www.inc.com/magazine and will be on newsstands beginning Nov. 8, 2022.
About Great Lakes Business Credit: Located in Troy, Michigan, Great Lakes Business Credit was established in 2002. Its experienced team of dedicated financial professionals serve companies with potential that are unable to obtain bank financing. By working to understand their client’s business, Great Lakes structures flexible financing with asset-based lines of credit. Eligible collateral categories include accounts receivable; inventory; machinery and equipment; and owner-occupied commercial real estate.
About Inc. Business Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.