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A Beginner’s Guide to SBA Loan Programs for Michigan Entrepreneurs

Starting a business in Michigan can be an exciting endeavor filled with potential. However, turning that potential into reality often requires substantial financial resources. Fortunately, the U.S. Small Business Administration (SBA) offers various loan programs designed to support entrepreneurs in securing the necessary funding to launch and grow their businesses. This guide offers a comprehensive … Continued

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Expanding Your Michigan Business? Here’s Why You Need an SBA 504 Loan

Expanding a business in Michigan is a big decision that requires careful planning and financial consideration. As a business owner, you have to evaluate your growth options, investment capacity, and accessible funding sources. One of the most effective financing tools available is the Small Business Administration’s (SBA) 504 Loan Program. This type of loan is … Continued

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MCDC’s SBA Conference

MCDC’s SBA Conference was a huge success! Thank you to all the attendees, speakers and vendors for their contribution, presence and participation. The entire attendance was over 150+ from all regions of lower Michigan

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How Michigan Businesses Thrive with SBA Loans

Michigan, known for its rich industrial history and diverse economy, has seen a resurgence in entrepreneurial spirit over the past decade. One of the key factors fueling this growth is the availability of Small Business Administration (SBA) loans. Small business loans provide crucial financial support to small businesses, allowing them to thrive in a competitive … Continued

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How to Apply for an SBA Loan in Michigan: A Step-by-Step Guide

If you’re considering a startup loan to help fund your business in Michigan, the Small Business Administration (SBA) offers various options that could be beneficial for you. One such program is the CDC/504 Loan Program, which provides long-term, fixed-rate financing of up to $5 million for major fixed assets that promote business growth and job … Continued

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October 2024 Newsletter

We are thrilled to share the success of our recent 25th Annual Lender Appreciation Golf Outing held at Hawk Hollow Golf Course in Bath. Thanks to the incredible support from lenders all over the state, we raised an impressive amount for the Wounded Warriors Project! 

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What Makes SBA Loans Advantageous Compared to Other Financing Options?

Small Business Administration (SBA) loans offer numerous advantages over other financing options, making them a highly attractive choice for small business owners seeking capital. These small business startup loans in Michigan are designed to provide accessible funding to help businesses grow, expand, and manage operational expenses effectively. Here are some key benefits that set SBA … Continued

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Navigating the SBA Loan Process During Economic Uncertainty in Michigan

In times of economic uncertainty, securing financial support becomes a crucial aspect for the survival and growth of small businesses. For Michigan entrepreneurs, navigating the Small Business Administration (SBA) loan process can be a lifeline. The SBA offers a variety of business loans in Michigan designed to address different business needs, and understanding these can … Continued

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