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

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January 2022 Newsletter

Our experienced SBA lenders are committed to finding the right loan program for your client’s needs. We’ll help make the process easy from start to finish; you can count on us.

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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

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November 2021 Newsletter

Since Chris Polhamus started at MCDC in the summer of 2017, her experience and knowledge have been extremely valuable to MCDC’s 7(a) Lending Department.

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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

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MCDC Cares Program & Greater Lansing Food Bank

Thanks to you and MCDC employee fundraising efforts the MCDC Cares Program was able to raise $1,650. along with food donations to the “Greater Lansing Food Bank” during our 2021 Annual Lender Golf Outing.

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MCDC 2021 Year End Results

MCDC recently wrapped up an outstanding year of loan production helping more than 250 small businesses gain access to much needed capital.

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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

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October 2021 Newsletter

Ann Arbor based Senior Loan Officer, Jack Johnson who covers the southeast Michigan territory for MCDC is our October Spotlight!

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