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Bank Michigan

Business Loan Options

Bank Michigan Offers Business Loans that Work for You

Are you tired of being treated like a number by your bank? Do you wish you could meet a friendly face when handling your finances? If you feel like you’ve been left out in the cold by other lenders, Bank Michigan is here for you. As your neighborhood bank, we’ll support you no matter what stage of business you're in. With more than a century’s worth of experience in commercial lending, you can count on us from getting your business started to preparing for expansion and every expense in-between.

Tough challenges? Stiff competition? Stringent regulations? Growing customer demands? We’ve seen it in many industries, and we’ll work with you to overcome the hurdles and emerge strong and profitable. We may be a small bank, but we know how to bank big. When you partner with us, you will be working with the #1 SBA 7a lender in Washtenaw County. Years of experience and an in-depth understanding of your local market allows our bankers to help you succeed.

Our team of commercial lenders can help you utilize our comprehensive business solutions to help you fund your future, leverage opportunities, and create positive change. With a variety of loan options, you can find one that will work for you, from Conventional Loans to Government Guaranteed Business Loans.

Learn More About Our Business Loan Offerings.

SBA Lending

We are honored to be the No. 1 SBA 7a lender in Washtenaw County. Our passion for helping communities thrive has created strong partnerships that we treasure. We’re trusted and respected in this community because of our competitive structures, flexible options, and longer amortizations. If you want to experience an SBA Loan the right way, bank with us! 

We offer SBA Loan services suited to you:

  • Low monthly payments
  • Low down payments
  • Longer amortizations

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Commercial Real Estate

Commercial Real Estate Loans are key for a business that is seeking expansion, remodeling, or refinancing of a property. CRE Loans are also a great way to build equity, generate income, and improve your business. With a Commercial Mortgage Loan from your friends at Bank Michigan, you can experience perks such as:

  • Flexible loan options 
  • Refinancing solutions
  • Personalized service

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Term Loans

Do you need an update to your equipment but don’t have the funds? Perhaps you’re looking to expand your enterprise? Or maybe you’re working on a new marketing campaign? If any of these situations apply to you, then our Term Loans are the answer to your problem. We offer Term Loans to finance your fixed assets and help you generate income. Term Loans can improve your business in many ways, including:

  • Versatility in financing 
  • Fixed payment
  • Increasing cash flow

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Business Line of Credit

With Bank Michigan, you don’t have to worry about unexpected expenses. We have your back with our Business Line of Credit (LOC). A Business LOC is what you need when you’re searching for flexibility. By choosing to open a Business Line of Credit with us, you’ll be offered the following:

  • Only pay interest on what you borrowed
  • Immediate funds upon approval 
  • A strong foundation for building credit

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Industry Focus

The ability to make quick decisions with confidence is integral in any industry. Our commercial lending team can provide you with banking solutions to be prepared for any circumstance. We understand how the industry moves and what you need to manage your assets, stay competitive, and face the unknown. Business financing with us is easy, efficient, and effective. Our team is here for you to offer proactive financial strategies, insights on market trends, and guidance when you need it. 

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Cannabis Lending

Our Cannabis Lending solutions can help you sow the seeds of your new business or branch out into expansions. If you’ve been dreaming of opening up your own cannabis dispensary, apply for our small business loans. Do you need room to bloom? We can help with that too. We have financing options that are personalized to overcome any challenge and meet your business goals. 

Our small business loans can provide you with:

  • Specialized underwriting considerations
  • Knowledge of cannabis assets
  • Guidance in a high-growth industry

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Credit Cards

It is better to separate your business from your personal expenses and with our Business Credit Cards - it’s quick and easy too! You can find flexibility in managing expenses, restocking inventory, and tracking your purchases with our credit cards. A Business Credit Card with Bank Michigan can offer you:

  • The ability to build better business credit 
  • Ease and convenience to track business expenses
  • Increased cash flow for your projects

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Do you want to take the next step in your business? Bank Michigan wants to help you. Contact us online or we can chat about our business loan options at your nearest branch. We can’t wait for you to meet our team and begin your journey into Better. Thinking. Banking.
 

Bank Michigan

YOUR SECURITY MATTERS

Keeping you and your information safe when you do your banking is our priority.

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Bank Michigan

WHAT OUR CUSTOMERS ARE SAYING

We love our customers - and apparently they love us back. Read our testimonials and see for yourself.

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