Business Resource Lending

Whether you’re just getting started, or already well established, Business Resource loans from The Bank of Northern Michigan can help your company reach its goals. With our SBA Preferred Lender status and established channels for USDA Business Loans, we can help your business take advantage of traditional government-sponsored lending programs to provide expedient, creative financing solutions focused on a likeminded goal: your success.

 

Why choose The Bank of Northern Michigan for business lending?

  • We are the SBA Community Lender of the Year with our affiliate The Bank of Holland
  • We are the #1 Michigan-based SBA Lender, and third in the state overall
  • Out of nearly 2,000 banks in the U.S. originating SBA loans, our volume currently ranks in the top 3% nationwide
  • Current USDA Michigan Business & Industry Lender of the Year
  • The #1 bank in USDA lending volume in Michigan
  • We are in the top 15 of all banks in the nation for USDA loan volume
Business Resource loans offer a variety of eligible purposes:
  • Owner-occupied real estate acquisition, construction or improvement
  • Business or professional practice acquisition or buyout
  • Equipment purchases
  • Business start-ups or expansions
  • Inventory purchases
  • Working capital lines of credit
  • Refinance of existing business debts
If one or more of these purposes fits your Business’ needs, give us a call today. Or, for more information on the types of financing available, view our Business Resource Lending Guide.