About Us

BLP is a private non-profit organization, licensed by the U.S. Small Business Administration (SBA) as a Certified Development Company (CDC) to do SBA 504 lending. We are the only CDC headquartered in Southeast Wisconsin and have been in business since 1983.

SBA 504 loans provide long-term, fixed-rate financing options for real estate and equipment needs. Business Lending Partners (BLP) specializes in processing and servicing these loans throughout the State of Wisconsin, as well as, various community loan programs

Your Contribution

Our mission is to support every size of company with customized financing packages to meet the goals of the company. Over the last 30+ years, BLP has approved or serviced nearly 500 loans across Wisconsin. Your investment in BLP will allow this customer-centric organization to continue its mission to support growing Wisconsin companies with financial tools. Investor Sheet

Committees, Boards, and Members

Business Lending Partners is a division of RCEDC, a non-profit organization that is run by a Board of Directors with a Loan Committee that makes loan recommendations to the Board. Its members support the organization. Follow this link to view our Leadership Council, Loan Committee, and other contributing Members.

Our Mission

To finance the growth and development of businesses throughout the State of Wisconsin by helping them access the SBA 504 loan program and other resources using our expertise, knowledge, and partnerships.

What We Do

BLP is committed to business growth and community development by providing alternative financing options for:

  • Land and Building purchases and/or renovations
  • Building construction
  • Machinery Equipment
  • Furniture Fixtures
  • Leasehold Improvements
  • Inventory
  • Working Capital
  • Environmental remediation
  • Limited Refinancing with expansion project

Staff Information

Carolyn Engel

Business Finance Manager



Carolyn Engel is Business Lending Partners Business Finance Manager and has been with the organization for over 20 years. Carolyn oversees business operations, marketing the various loan programs, screening applicants for eligibility and loan processing.

Carolyn brings experience in all areas of finance operations, including loan servicing, closings and reporting functions to various governmental agencies. Carolyn holds a degree in Economics from the University of Wisconsin-Eau Claire. Before Business Lending Partners she worked for Fleet Mortgage Corporation in a management position of its Customer Service/Escrow Department.

Thomas Van Gent

Loan Officer



Thomas Van Gent is one of Business Lending Partners Loan Officers. Thomas conducts credit analysis and application processing for BLP. He also assists in maintaining the business loan portfolio. Thomas holds a B.S. in Business Management - Finance from the University of Wisconsin Parkside.

Karmin Garstecki

Loan Officer



Karmin Garstecki is one of Business Lending Partners Loan Officers. Karmin conducts credit analysis and application processing for BLP. Karmin also assists in maintaining the Business loan portfolio. Karmin holds a BBA in Finance from the University of Wisconsin - Whitewater.

Patricia Grimm

Patricia Grimm

Portfolio Manager



Patricia Grimm is BLP Portfolio Manager for SBA 504 loans. She opened our Green Bay office in 2018, shortly after joining BLP. She handles servicing actions for SBA 504 clients and handles annual reporting requirements. She believes remarkable customer service is something all our borrowers and lenders deserve.

Andrea Sefedis

Andrea Safedis

Administrative Assistant



Andrea earned a Bachelor of Science in Business Management from Full Sail University and has worked in various business environments. Most recently she worked as a personal banker. Her professional background provides ample experience for the work she does at BLP. Andrea supports all aspects of BLP's mission. Among many other responsibilities, she reviews compliance reports for credit analysts and checks business's eligibility for the Matching Grant Program.

SBA 504

June 2019

25-Year Fixed Rate:


20-Year Fixed Rate:


10-Year Fixed Rate: