News

Steps to a Small Business Loan: Collateral, Comparisons, Application

In part one of this two-part blog series, we went over some basics on the steps involved in obtaining a small business loan. Whether you’re going for an SBA loan or some other type of small business loan, following the right basic plan will ensure you cover all the important details and receive the financing you … Continued

News

Steps to a Small Business Loan: Loan Type, Qualification, Numbers

For many small businesses, financing via a loan is the primary method used for starting or growing a new company. Like many other loan applications, this is a process that has a few essential steps to it, knowing these will help you navigate it properly. At Michigan Certified Development Corporation, we’re here to assist our … Continued

News

Comparing Michigan Business Loans and Lines of Credit

Small business owners have multiple methods to consider when funding their growing business needs, two of the most well-known methods are small business loans and lines of credit. Both these benefit borrowers in different ways, but some may have an interest in both — is this a possible scenario?  At Michigan Certified Development Corporation, we’re … Continued

News

Small Business Loan Mistakes: Terms, Purpose and Shopping

In part one of this two-part blog series, we went over some of the most common mistakes business owners and managers make when applying for small business loans. This is a process that requires some detail and precision, and there are a few specific errors you want to stay away from as you’re dotting your i’s … Continued

News

Small Business Loan Mistakes: No Plan, Poor Credit, Wrong Type

Financing is a vital component for many small businesses, and small business loans are one of the primary methods you have for obtaining it. The process of applying for a small business loan involves some specificity and detail, and there are a few errors or mistakes you want to steer clear of as you’re navigating … Continued

map