SBA Lending

SBA Lending
  • Services
  • About Our Specialist
  • Resource Center
 

SBA Lending. The first thing we lend is knowledge.


Whether you’re just getting started, or already well established, SBA 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 us for your business loan needs?

  • We are the 2012-13 SBA Diversity Lender of the Year for the state of Michigan
  • 2011-12 SBA Preferred Lender of the Year for the state of Michigan
  • We are the #1 Michigan-based SBA Lender
  • Consistently in the top 1% of all banks in the U.S. for SBA loan volume
  • We are Michigan's only USDA certified lender
  • We are in the top 15 of all banks in the nation for USDA loan volume

We offer streamlined loan approvals
Our preferred lender status with the Small Business Administration and our experience with the U.S. Department of Agriculture allows for quick and simple loan approvals, most of which can be accomplished in-house. You'll spend less time filling out paperwork and more time developing your business. The Bank of Northern Michigan is an approved:

  • Nationwide SBA Preferred Lender
  • Nationwide SBA Express Term Lender
  • Nationwide SBA Patriot Express Lender
  • USDA Certified Rural Business Lender

We have experienced advisors.
Our team has extensive government lending experience and will keep you well informed, guide you through the process and efficiently manage the paperwork.
 


Numerous Financing Solutions

SBA 7a Term Loans SBA 504 Term Loans
SBA Express Term Loan SBA Patriot Express Term Loan
SBA Express Line of Credit SBA Patriot Express Line of Credit
SBA CAP Lines SBA Export Working Capital Loans
USDA Rural Business Loans  

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  





Our specialist has the expertise to guide you.

Brad Dyksterhouse, Senior Vice President - Business Resource Lending
Brad Dyksterhouse has been an industry leader in government lending for nearly 25 years.  During his banking career he has developed and lead several nationwide SBA and USDA lending teams which were all consistently recognized for their outstanding performance.  He has also been a successful small business owner himself which gives him a better ability to identify with the many challenges that today’s small businesses face as well as better recognize promising opportunities.  With this experience and expertise in both banking and small business he’s able to quickly formulate creative lending solutions to best satisfy the borrowing needs and desires of the Bank’s small business clients.

The Bank of Northern Michigan
130 South Union Street, Traverse City, MI 49770
P  (866) 237.7999
F  (231) 922.9004
E  bdyksterhouse@lmfc.com

Brad Dyksterhouse

Resources to Help You Make Well-informed Decisions.

Resource Links
www.sba.gov
www.usda.gov


Partner of Traverse City SCORE