State funding
Business Loans Michigan
Fast business loans for Michigan businesses. Serving Detroit, Grand Rapids, Warren, and all of Michigan. Business loans in Michigan help businesses finance growth, equipment, inventory, and working capital. Available loan types: term loans ($25k-$500k), lines of credit ($25k-$250k), equipment financing (6-30% APR), SBA loans (6-13% APR), and real estate loans. Approval in 24-72 hours for alternative lenders, 1-4 weeks for SBA. Requirements: 6+ months in business, $10k+/month revenue, 600+ credit.
- Term loans $25k–$500k, 1–5 year terms
- Lines of credit $25k–$250k
- Equipment financing 6–30% APR, 2–7 year terms
- SBA loans 6–13% APR, up to $5M
- Real estate loans available
- Approval in 24–72 hours for alternative lenders
- 6+ months in business required
- $10,000+ monthly revenue required
- 600+ credit score required
Serving Major Michigan Cities
Detroit: Business loans for Detroit businesses in manufacturing, automotive, and technology.
Grand Rapids: Business loans for Grand Rapids businesses in manufacturing, healthcare, and technology.
Business Loan Types Available in Michigan
Term Loans: Fixed-rate loans for one-time needs. Amounts $25k–$500k, terms 1–5 years.
Business Line of Credit: Flexible financing for ongoing expenses. Limits $25k–$250k, draw as needed.
Equipment Financing: 6–30% APR, terms 2–7 years.
SBA Loans: 6–13% APR, up to $5M.
Qualification Requirements
- Time in Business: 6+ months (12+ months preferred, 2+ years for SBA)
- Monthly Revenue: $10,000+
- Credit Score: 600+
Ready to get funded?
Apply once and get a clear funding offer in 24–72 hours — no hard credit pull to pre-qualify.
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