COVID-19 EIDL Program Notice
The COVID-19 EIDL Program is not accepting new applications, increase requests or reconsiderations
May 2022 Newsletter
A key component of what we do at Michigan Certified Development Corporation is economic development, specifically job creation.
Exciting Staff Announcements
It is with mixed emotions that we have two staffing announcements. While we are happy for him, it saddens us to announce the retirement of Michigan Certified Development Corporation Vice President – Operations, Dave Kramer effective May 31, 2022.
3 Advantages of Receiving a Start-Up Loan
Many start-ups don’t see their operations beyond the second year due to the high cost of starting and running their operations. In fact, only 48% of small businesses overall have their financing needs met according to Fundera.com. Most small business owners consider loans instead of grants like an smb startup grant because of the many … Continued
April 2022 Newsletter
In the face of an on-going pandemic, fiscal 2021 turned out to be a record volume year for 504 loans. The SBA 504 Loan Program reached the $7.5B cap for regular 504 loans (excluding refinance without expansion) in early September.
How Can I Get a Small Business Start-Up Loan?
The US is home to more than 32 million small businesses accounting for 99.9% of all US businesses. Over 902,000 of these businesses are in Michigan. Due to the pandemic and tough economic times, you may be looking to secure small business loans in Michigan. How you prepare for an application or pitching plays a … Continued
Welcome Coty Gould
The Michigan Certified Development Corporation (MCDC) is pleased to announce the addition of Coty Gould as Loan Officer. Coty will cover Central Michigan while working out of his Midland office. His responsibilities will include marketing the SBA 504 Loan Program by working with lenders, small business owners and other referral sources to secure SBA 504 … Continued
March 2022 Newsletter
We continue our Spotlight Interview series where we ask our employees what they like about working at MCDC and how they spend their free time. This month we are introducing Charlotte Hart, 7(a) Associate.
February 2022 Newsletter
One of the favorite things we’ve been doing in our newsletters is highlighting one of our staff members. We always take pride in the great work that they do and we like to take a moment each month to share a little bit about them. This month, we’d like to recognize Jenifer Parr
Michigan Small Business Loan Qualification: Credit, Cash Flow, History
When you’re applying for any kind of small business loan, just like any other major loan type, there will be a few major factors that influence whether or not you and your business qualify. Knowing these in advance is vital, as it helps you prepare the certain areas so you’re likely to be approved for … Continued