TROY, Mich., Sept. 14, 2022 – Great Lakes Business Credit, one of the nation’s fastest-growing nonbank asset-based financing companies, has announced the appointment of Greg Nelson as the company’s Regional Director.

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.

“We are excited to add Greg to our growing team, especially with all of his financial acumen and ABL skills,” said Great Lakes Business Credit CEO, Rhett B. Rowe. “With Greg, our team at Great Lakes Business Credit is well positioned to provide businesses the help they need in this extremely challenging economy.”

Nelson was most recently vice president – 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.

In his new role Nelson will direct operations and business development in a six-state region comprised of Illinois, Wisconsin, Minnesota, Iowa, Missouri, and Northern Indiana. He reports to Great Lakes Business Credit CEO, Rhett B. Rowe.

He is a graduate of Indiana University Northwest, where he earned a Bachelor of Science degree in business administration with a concentration in finance.

About Great Lakes Business Credit: Headquartered 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 or maintain 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.