Michigan Business Loans: The Complete Guide to Business Financing for Established Michigan Companies

Dec 1

If you're running an established business in Michigan and need capital to grow, expand, purchase equipment, acquire real estate, or seize opportunities—you already know that finding the right financing partner is harder than it should be. Banks move slowly. Online lenders charge rates that don't make sense. Government programs require months of paperwork. And by the time you get an answer, the opportunity has passed.

LVRG Business Funding is Michigan's business loan authority. We're a Detroit-based direct lender with institutional banking partnerships that give us unlimited funding capacity from $50,000 to $50 million. Over 20 years, we've deployed more than $1 billion in financing to over 10,000 established businesses across Michigan and nationwide. We provide working capital loans, SBA 7(a) and 504 loans, equipment financing, commercial real estate loans, business acquisition financing, and revenue-based financing to Michigan companies ready to capitalize on growth opportunities.

This is the most comprehensive guide to Michigan business loans available. Whether you're a manufacturer in Detroit, a construction company in Grand Rapids, a restaurant in Ann Arbor, a gas station owner in Lansing, or any established Michigan business seeking financing—this guide covers everything you need to know about business loans in Michigan, how to qualify, what lenders offer the best terms, and why Michigan business owners choose LVRG.

Michigan Business Loans: Understanding Your Financing Options

Michigan business owners have access to multiple types of business financing, each designed for specific needs and situations. Understanding which type of Michigan business loan fits your situation is the first step toward securing the capital your business needs.

Working Capital Loans Michigan

Working capital loans provide Michigan businesses with short-term financing for operational needs, inventory purchases, payroll, seasonal gaps, and immediate growth opportunities. Working capital financing Michigan typically ranges from $25,000 to $1.5 million and can fund within 24-48 hours for qualified businesses.

Who needs working capital loans in Michigan:

Construction companies bridging the gap between project expenses and payment
Manufacturers purchasing raw materials for large orders
Restaurants stocking inventory for peak seasons
Retail businesses (gas stations, liquor stores) buying seasonal inventory
Service businesses managing cash flow gaps

LVRG provides working capital loans Michigan with:

$25,000 to $1.5 million loan amounts
24-48 hour funding from approval
Revenue-based repayment structures that align with cash flow
Minimal documentation (typically just bank statements)
Focus on business performance, not just credit scores

Michigan working capital loans from LVRG help established businesses maintain momentum, seize opportunities, and smooth cash flow without the lengthy approval processes traditional banks require.

SBA Loans Michigan: 7(a) and 504 Financing

SBA loans are government-backed financing solutions that offer Michigan businesses longer terms, lower rates, and better overall economics than conventional business loans. The Small Business Administration guarantees a portion of the loan, which allows lenders to provide more favorable terms to qualified Michigan businesses.

SBA 7(a) Loans Michigan: SBA 7(a) loans are the most versatile SBA financing option, providing up to $5 million for working capital, equipment purchases, commercial real estate, business acquisitions, partner buyouts, and debt refinancing. Michigan SBA 7(a) loans typically offer:

Loan amounts: $500,000 to $5 million
Terms: Up to 10 years for equipment/working capital, up to 25 years for real estate
Rates: Currently 10.5-15.5% depending on loan size and term
Down payment: Typically 10-20% depending on use of funds

SBA 504 Loans Michigan: SBA 504 loans focus specifically on commercial real estate and equipment purchases for Michigan businesses. These loans offer:

Loan amounts: $500,000 to $15 million
Terms: Fixed rates for 10, 20, or 25 years
Down payment: As low as 10% for qualified owner-occupied properties
Use: Purchasing commercial real estate, constructing facilities, buying heavy equipment

Who benefits from Michigan SBA loans:

Manufacturers purchasing facilities or expensive equipment
Construction companies buying shop buildings or equipment yards
Gas station owners purchasing their properties
Restaurant owners buying their locations
Medical and dental practices acquiring buildings or equipment
Business owners acquiring existing businesses

LVRG specializes in Michigan SBA loans and completes SBA 7(a) and 504 financing in 30-45 days—significantly faster than the typical 60-90+ day timeline most banks require. Our experience packaging SBA applications and working with SBA underwriters means Michigan businesses get approved faster with better terms.

Equipment Financing Michigan

Equipment financing and equipment leasing Michigan allows businesses to purchase or lease equipment without depleting working capital. Equipment loans Michigan range from $100,000 to over $50 million depending on the equipment type and business need.

Types of equipment LVRG finances for Michigan businesses:

Construction Equipment Michigan:

Excavators, bulldozers, backhoes, loaders
Dump trucks, commercial trucks, trailers
Concrete mixers, pavers, compactors
Cranes, scaffolding, lifts
Asphalt equipment, grading equipment

Manufacturing Equipment Michigan:

CNC machines, lathes, mills
Fabrication equipment, welding systems
Production lines, assembly equipment
Robotics, automation systems
Quality control and testing equipment
Packaging and material handling equipment

Medical Equipment Financing Michigan:

MRI machines, CT scanners, X-ray equipment
Dental chairs and dental equipment
Surgical equipment and tools
Laboratory equipment
Medical office furniture and systems

Restaurant Equipment Financing Michigan:

Commercial kitchens, ovens, ranges
Refrigeration and freezer systems
Food preparation equipment
Dining furniture and fixtures
Point-of-sale systems

Agriculture Equipment Financing Michigan:

Tractors, combines, harvesters
Irrigation systems
Storage and processing equipment
Farm machinery and implements

LVRG equipment financing Michigan offers:

$100,000 to $50 million+ in funding capacity
Both equipment loans (ownership) and leases (flexibility)
Terms from 2-7 years depending on equipment type
Financing for new and used equipment
Fast approvals (5-10 days typical)

Michigan equipment financing from LVRG preserves working capital while providing the machinery, vehicles, and tools Michigan businesses need to operate and grow.

Commercial Real Estate Loans Michigan

Commercial real estate financing Michigan allows business owners to purchase the properties where they operate rather than paying rent to landlords. Owner-occupied commercial real estate loans Michigan provide long-term financing with favorable terms for established businesses.

Types of commercial properties LVRG finances in Michigan:

Manufacturing Facilities Michigan:

Production facilities, fabrication shops
Warehouses and distribution centers
Industrial buildings and flex space
Tool and die shops, machine shops

Office Buildings Michigan:

Professional office spaces
Medical and dental offices
Corporate headquarters
Multi-tenant office buildings (owner-occupied majority)

Retail Properties Michigan:

Gas stations with convenience stores
Liquor stores and retail shops
Standalone retail buildings
Strip centers (owner-occupied majority)

Restaurant Properties Michigan:

Restaurant buildings
Fast-casual and quick-service locations
Mixed-use properties with restaurants

Shop Facilities for Construction Companies:

Equipment yards and storage facilities
Shop buildings for contractors
Warehouses for construction materials
Office/warehouse combination buildings

LVRG commercial real estate financing Michigan includes:

$500,000 to $15 million loan amounts
SBA 504 loans (10% down, long-term fixed rates)
Conventional commercial mortgages (20-25% down)
Terms up to 25 years
Competitive rates for owner-occupied properties

Michigan commercial real estate loans from LVRG help established businesses stop paying rent and start building equity in the properties where they operate.

Business Acquisition Loans Michigan

Business acquisition financing Michigan allows entrepreneurs to purchase existing businesses, buy out partners, or acquire competitors. Acquisition loans Michigan typically use SBA 7(a) financing, which offers favorable terms for business ownership transitions.

LVRG finances business acquisitions Michigan for:

Buying existing businesses (full ownership purchase)
Partner buyouts (buying out co-owners)
Management buyouts (key employees purchasing the company)
Competitor acquisitions (consolidating market share)
Franchise purchases

Michigan business acquisition loans include:

$500,000 to $15 million financing capacity
SBA 7(a) loans with 10-20% down payment
Terms up to 10 years (25 years if real estate included)
Evaluation of both buyer qualifications and target business performance
Support throughout due diligence and closing process

Business acquisition financing Michigan from LVRG helps entrepreneurs become business owners, helps existing owners expand through acquisitions, and facilitates ownership transitions for retiring business owners.

Cash Flow Loans Michigan | Revenue-Based Financing Michigan

Cash flow loans Michigan and revenue-based financing Michigan provide capital based on business revenue and performance rather than credit scores or collateral. This type of Michigan business financing works particularly well for businesses with strong revenue but perhaps imperfect credit or limited collateral.

Revenue-based financing Michigan offers:

$25,000 to $1.5 million in funding
Approval based on revenue consistency, not credit scores
Repayment as percentage of daily or weekly revenue
Flexible repayment that increases during strong months, decreases during slow periods
Fast funding (24-48 hours typical)

Who benefits from cash flow loans Michigan:

Restaurants with strong sales but seasonal patterns
Retail businesses (gas stations, liquor stores) with consistent revenue
Service businesses with solid cash flow
Companies experiencing rapid growth
Businesses recovering from credit challenges

Cash flow loans Michigan from LVRG provide fast, flexible financing for established Michigan businesses that need capital without traditional bank requirements.

Michigan Cities We Serve: Business Loans Throughout the State

LVRG provides business financing to established companies across all of Michigan. While we're headquartered in downtown Detroit, our reach extends throughout Metro Detroit, West Michigan, Northern Michigan, and every region of the state.

Detroit Business Loans

Detroit business loans from LVRG serve Michigan's largest city and economic hub. Detroit business financing includes working capital for restaurants and retail businesses in revitalized downtown neighborhoods, equipment financing for automotive suppliers, manufacturing loans for tool and die shops and fabrication companies, commercial real estate financing for businesses purchasing properties in Detroit's growing business districts, and acquisition financing for Detroit entrepreneurs buying existing businesses.

Detroit Michigan business loans from LVRG support the city's economic resurgence by providing capital to established businesses driving Detroit's growth.

Grand Rapids Business Loans

Grand Rapids business loans and West Michigan business financing from LVRG serve one of Michigan's fastest-growing business regions. Grand Rapids business financing includes manufacturing loans for production companies, construction financing for contractors building West Michigan's commercial projects, restaurant and retail financing for Grand Rapids' thriving business districts, equipment financing for medical practices and healthcare businesses, and commercial real estate loans for businesses purchasing properties in Grand Rapids, Holland, Kalamazoo, and surrounding communities.

Grand Rapids Michigan business loans from LVRG fuel West Michigan's economic momentum with fast, flexible capital solutions.

Ann Arbor Business Loans

Ann Arbor business loans from LVRG serve one of Michigan's most educated and innovative business markets. Ann Arbor business financing includes working capital for technology companies and startups transitioning to established businesses, equipment financing for medical and dental practices, commercial real estate financing for professional service firms, restaurant financing for Ann Arbor's diverse dining scene, and acquisition financing for businesses buying competitors or expanding operations.

Ann Arbor Michigan business loans from LVRG support the city's entrepreneurial ecosystem with comprehensive financing solutions.

Additional Michigan Cities We Serve:

Southeast Michigan Business Loans:

Warren business loans
Sterling Heights business loans
Dearborn business loans
Livonia business loans
Troy business loans
Farmington Hills business loans
Novi business loans
Southfield business loans
Rochester Hills business loans
Royal Oak business loans
Pontiac business loans
Westland business loans
Taylor business loans

Mid-Michigan Business Loans:

Lansing business loans (Michigan's capital city)
Flint business loans
Saginaw business loans
Midland business loans
Bay City business loans
Jackson business loans
Battle Creek business loans

West Michigan Business Loans:

Grand Rapids business loans
Kalamazoo business loans
Holland business loans
Muskegon business loans
Wyoming business loans

Northern Michigan Business Loans:

Traverse City business loans
Petoskey business loans
Gaylord business loans
Cadillac business loans
Alpena business loans

Upper Peninsula Business Loans:

Marquette business loans
Sault Ste. Marie business loans
Escanaba business loans

LVRG has funded businesses in over 90% of Michigan counties. Regardless of where your Michigan business operates, LVRG has the capacity and commitment to provide business financing solutions.

Industries We Finance: Michigan Business Loans by Sector

LVRG provides Michigan business loans to established companies across virtually every industry. Our deep experience funding Michigan businesses means we understand industry-specific challenges, cash flow patterns, and capital needs.

Manufacturing Loans Michigan

Manufacturing financing Michigan is a core focus for LVRG. Michigan's manufacturing sector—from automotive suppliers to tool and die shops to plastics manufacturers—represents the backbone of the state's economy. Made in Michigan businesses need capital for equipment, facilities, working capital, and growth.

Michigan manufacturing businesses we finance:

Automotive Supply Chain:

Tier 1, 2, and 3 automotive suppliers
Stamping and metal forming companies
Parts manufacturing and assembly
Automotive tooling and fixtures

Tool and Die Manufacturing Michigan:

Tool and die shops
Precision machining companies
Mold making and die casting
CNC machining operations

Metal Fabrication Michigan:

Steel fabrication shops
Aluminum fabrication
Custom metal manufacturing
Welding and assembly operations

Plastics Manufacturing Michigan:

Injection molding companies
Plastic extrusion manufacturers
Thermoforming operations
Custom plastics production

Other Manufacturing:

Food and beverage manufacturing
Packaging manufacturing
Industrial equipment manufacturing
Consumer goods production

Manufacturing financing Michigan from LVRG includes:

Equipment financing for CNC machines, production equipment, robotics
Working capital for raw materials and production costs
Commercial real estate for purchasing manufacturing facilities
SBA loans for long-term growth capital
Business acquisition loans for consolidating operations

Michigan manufacturing loans from LVRG provide the capital Michigan manufacturers need to invest in equipment, expand facilities, and compete globally while maintaining the "Made in Michigan" legacy.

Construction Loans Michigan

Construction financing Michigan serves contractors, skilled trades businesses, and construction companies throughout the state. Michigan construction companies face unique challenges including seasonal revenue, project-based cash flow, equipment intensity, and bonding requirements.

Michigan construction businesses we finance:

General Contractors Michigan:

Commercial construction companies
Residential construction contractors
Design-build firms
Construction management companies

Specialty Contractors:

Electrical contractors
Plumbing contractors
HVAC contractors
Roofing contractors
Concrete contractors
Asphalt and paving companies
Excavating and site work contractors
Framing contractors
Drywall contractors
Painting contractors
Flooring contractors

Heavy Construction:

Road construction companies
Bridge construction
Infrastructure contractors
Utilities contractors

Other Construction Trades:

Landscaping companies
Snow removal contractors
Fencing and deck builders
Masonry contractors

Construction financing Michigan from LVRG includes:

Equipment financing for heavy equipment, trucks, tools
Working capital for project startup costs, materials, labor
Commercial real estate for shop facilities and equipment yards
SBA loans for long-term growth capital
Lines of credit for ongoing project needs

Michigan construction loans from LVRG account for seasonal cash flow patterns, project-based revenue, and the unique challenges Michigan contractors face operating in a climate with distinct seasons.

Restaurant Loans Michigan

Restaurant financing Michigan serves established restaurants, fast-casual concepts, quick-service restaurants, bars, breweries, and food service businesses across Michigan. Restaurant loans Michigan provide capital for equipment, build-outs, working capital, real estate purchases, and expansion.

Michigan restaurant businesses we finance:

Independent restaurants (full-service dining)
Fast-casual restaurants
Quick-service restaurants
Pizza shops and pizzerias
Coney Island restaurants (Michigan staple)
Bars and taverns
Craft breweries and brewpubs
Coffee shops and cafes
Catering companies
Food trucks transitioning to brick-and-mortar

Restaurant financing Michigan from LVRG includes:

Working capital for inventory, payroll, seasonal gaps
Equipment financing for commercial kitchens, ovens, refrigeration
SBA loans for restaurant build-outs and expansions
Commercial real estate for purchasing restaurant properties
Franchise financing for multi-unit restaurant operators

Michigan restaurant loans from LVRG understand restaurant cash flow, seasonal patterns, and the capital intensity of food service operations.

Retail Loans Michigan: Gas Stations, Liquor Stores, Convenience Stores

Retail business loans Michigan serve gas stations, liquor stores, convenience stores, and other retail operations throughout Michigan. These cash-flow-intensive businesses need financing for inventory, equipment, property purchases, and acquisitions.

Michigan retail businesses we finance:

Gas Stations Michigan:

Gas stations with convenience stores
Standalone fuel stations
Gas station franchises (Marathon, Shell, BP, etc.)
Truck stops

Liquor Stores Michigan:

Package liquor stores
Wine and spirits shops
Beer, wine, and liquor retail
Specialty alcohol retailers

Convenience Stores Michigan:

Independent convenience stores
Chain convenience stores
Party stores (Michigan term for convenience stores with alcohol)

Other Retail Michigan:

Grocery stores and markets
Specialty food retailers
Auto parts stores
Hardware stores
Smoke shops and tobacco retailers

Retail financing Michigan from LVRG includes:

Working capital for inventory purchases and seasonal stock-up
Equipment financing for coolers, fuel pumps, POS systems
Commercial real estate for purchasing retail properties
Business acquisition loans for buying existing retail businesses
SBA loans for retail expansion and growth

Michigan retail loans from LVRG serve established retail businesses with consistent cash flow and growth opportunities throughout the state.

Medical and Dental Practice Loans Michigan

Medical practice loans Michigan and dental practice loans Michigan provide financing for healthcare professionals and practices across the state. Medical financing Michigan includes equipment purchases, practice acquisitions, real estate purchases, and working capital.

Michigan medical and dental practices we finance:

Dental practices and dentist offices
Medical practices (primary care, specialists)
Veterinary clinics and animal hospitals
Chiropractic offices
Physical therapy practices
Urgent care centers
Medical spas and aesthetic practices
Optometry and vision centers

Medical and dental financing Michigan from LVRG includes:

Equipment financing for diagnostic equipment, dental chairs, imaging systems
Practice acquisition loans for buying out partners or acquiring practices
Commercial real estate for purchasing medical office buildings
Working capital for practice operations and expansion
SBA loans for practice growth and development

Michigan medical practice loans from LVRG help healthcare professionals invest in their practices, expand operations, and provide quality care throughout Michigan communities.

Additional Industries We Finance in Michigan:

Professional Services: Accounting firms, law firms, engineering companies, consulting businesses
Transportation and Logistics: Trucking companies, logistics providers, freight companies
Agriculture: Farms, agricultural operations, food processing
Automotive Services: Auto repair shops, car washes, auto dealerships
Hospitality: Hotels, motels, bed and breakfasts
Franchises: Multi-unit franchise operators across all sectors
Technology Companies: Established tech businesses with consistent revenue
Distribution: Wholesale distributors, supply companies
Printing and Graphics: Commercial printers, sign companies
Industrial Services: Maintenance companies, industrial cleaning, equipment repair

LVRG provides Michigan business loans to established companies across all industries. If you're operating a profitable Michigan business with consistent revenue, LVRG has financing solutions that fit your needs.

How to Qualify for Business Loans in Michigan

Qualifying for Michigan business loans depends on several factors including the type of financing, loan amount, and your business's financial profile. Understanding qualification requirements helps Michigan business owners prepare applications and improve approval odds.

General Qualification Requirements for Michigan Business Loans:

Business Revenue:

Minimum $50,000+ per month in consistent revenue
At least 6-12 months of operating history (2+ years preferred for SBA loans)
Demonstrated revenue consistency and growth trajectory

Credit Requirements:

Personal credit score 600+ for working capital and revenue-based financing
Personal credit score 650+ for SBA loans and commercial real estate financing
Business credit profile considered but not always required

Business Structure:

For-profit business entity (LLC, corporation, partnership, sole proprietorship)
At least 51% U.S. citizen or legal permanent resident ownership
Operating in Michigan or nationwide

Financial Health:

Positive or break-even cash flow (demonstrated ability to service debt)
Reasonable existing debt load (debt service coverage ratio 1.25+ preferred)
No recent bankruptcies, foreclosures, or major credit events (some exceptions)

Documentation Requirements:

Business bank statements (3-6 months for working capital, 12+ months for larger loans)
Business tax returns (1-3 years depending on loan type)
Personal tax returns for owners (for SBA and larger loans)
Financial statements (profit & loss, balance sheet)
Business formation documents
Use of funds explanation

Specific Requirements by Loan Type:

Working Capital Loans Michigan:

Minimum $50,000+ monthly revenue
6+ months operating history
3-6 months business bank statements
Credit score 600+
Focus on revenue consistency and bank account activity

SBA Loans Michigan:

2+ years operating history
Strong cash flow and profitability
Credit score 650+
3 years tax returns (business and personal)
Detailed use of funds and business plan
Collateral (often personal guarantee and business assets)

Equipment Financing Michigan:

Quote or invoice for equipment being purchased
Demonstration of business need for equipment
Credit score 600-650+ depending on amount
Equipment serves as primary collateral

Commercial Real Estate Michigan:

2+ years operating history
Owner-occupancy of 51%+ of property
Strong business financials
Credit score 650+
Down payment 10-30% depending on financing type (SBA vs conventional)

Business Acquisition Loans Michigan:

Target business financials (3 years tax returns)
Buyer's industry experience and qualifications
Purchase agreement or letter of intent
Credit score 650+
Down payment typically 10-20%

What Disqualifies Michigan Businesses from Financing:

While LVRG works with many businesses that traditional banks decline, some situations make financing difficult or impossible:

Startups with no revenue history (we fund established businesses)
Businesses with negative cash flow unable to service debt
Recent bankruptcies (within 2-3 years typically)
Active tax liens or judgments (must be resolved)
Excessive existing debt relative to cash flow
Illegal or restricted business activities
Businesses primarily engaged in passive income (investment real estate, etc.)

How LVRG Evaluates Michigan Business Loan Applications:

Unlike banks that rely primarily on credit scores and rigid underwriting boxes, LVRG evaluates Michigan businesses holistically:

We consider:

Revenue consistency and growth trends
Industry dynamics and business model strength
Management experience and operational track record
Use of funds and expected return on capital investment
Collateral and assets (when applicable)
Overall business health and trajectory

We understand:

Seasonal businesses have cyclical revenue (landscaping, construction)
Project-based businesses have lumpy cash flow (contractors, manufacturers)
Some industries are capital-intensive and require different evaluation
Credit scores don't tell the whole story of business quality

This holistic evaluation approach means LVRG approves many Michigan businesses that banks decline—not because we accept higher risk, but because we understand business operations better than generic bank underwriters.

Why Michigan Business Owners Choose LVRG Business Funding

Michigan has many business lenders: local banks, credit unions, national banks, online lenders, alternative finance companies, and government programs. So why do established Michigan businesses choose LVRG?

Direct Lender + Institutional Banking Partnerships = Unlimited Capacity

LVRG is structured differently than most lenders. We're a direct lender with our own capital, and we have strategic partnerships with institutional banks. This dual structure gives us:

Unlimited funding capacity: We can deploy $50,000 or $50 million depending on the need. Most direct lenders are limited by their balance sheet. Brokers don't have any capital—they just shop deals. LVRG has both internal capacity and external partnerships, giving Michigan businesses access to capital at any scale.

Flexibility in deal structure: Because we can lend directly or facilitate through partners, we structure deals based on what makes sense for the business, not based on our internal constraints.

Best available pricing: Our banking relationships and deal volume give us access to premier pricing that business owners wouldn't get on their own. We leverage our institutional relationships to secure better rates and terms than if the business approached those banks directly.

Speed: Capital at the Speed of Opportunity

Timing matters in business. Equipment becomes available at auction pricing. Projects require immediate mobilization. Acquisition opportunities don't wait for 90-day bank approvals.

LVRG funding timelines:

Working capital and revenue-based financing: 24-48 hours
Equipment financing: 5-10 days
SBA loans: 30-45 days (versus 60-90+ days typical)
Commercial real estate: 30-60 days depending on complexity

This speed advantage isn't about cutting corners—it's about efficient processes, experienced underwriting, and direct decision-making authority. When Michigan businesses need capital quickly, LVRG delivers.

Business Owner Advocacy: We Work FOR You

Here's what most Michigan business owners don't understand about the lending industry: brokers get paid whether you get a good deal or bad deal. Banks have no incentive to fight for better terms. Online lenders take-it-or-leave-it pricing.

LVRG is different.

When we facilitate deals through banking partners, we act as your advocate:

We package applications to present your business in the strongest light
We communicate with underwriters to address questions and concerns
We negotiate terms, rates, and fees on your behalf
We manage the process from application to funding
We're incentivized the same way you are—we don't get paid unless you get funded

This advocacy model means Michigan business owners get better deals, smoother processes, and a partner working in their interest rather than just processing paperwork.

No Upfront Fees to Business Owners

LVRG's fee structure aligns our interests with yours:

For deals we fund directly: Our fees are built into the financing terms (disclosed transparently upfront)

For deals we facilitate through banking partners: We're paid on the backend by the lending institution, not by you

This means Michigan business owners don't pay thousands in upfront fees to "apply" or "get considered." We get paid when you get funded—period.

Relational, Not Transactional

Banks view lending as transactions. They process applications, approve or decline, and move on. You're a file number, not a relationship.

LVRG builds long-term partnerships with Michigan business owners.

A manufacturing company might start with equipment financing, later add working capital, eventually purchase their facility, and then finance additional equipment as they grow. That's not four separate transactions—it's one evolving relationship where we understand your business deeply and provide capital solutions as needs change.

Many LVRG clients have been with us for 5, 10, even 15+ years across multiple financing needs. That relationship depth means:

Faster approvals (we already know your business)
Better terms (we know your track record)
Strategic advice (we understand your industry and market)
Reliability (you know we deliver what we promise)

Detroit-Based, Michigan-Focused, Nationwide Capabilities

LVRG is headquartered in downtown Detroit's historic Ford Building. Our team lives and works in Michigan. We understand:

Michigan's automotive supply chain and manufacturing ecosystem
Seasonal business cycles in construction and trades
Regional economic variations (Metro Detroit vs West Michigan vs Northern Michigan)
"Made in Michigan" pride and the state's industrial legacy
Michigan business culture and values

This local knowledge matters. When a tool and die shop in Warren is investing in CNC equipment to serve the EV supply chain, we understand the context. When a Grand Rapids construction company is navigating West Michigan's commercial building boom, we get it.

National lenders and online platforms apply generic underwriting to Michigan-specific businesses. LVRG understands Michigan business because we're part of the community.

While our focus is Michigan, LVRG has nationwide lending capabilities and has funded businesses in all 50 states. Michigan businesses get priority and localized service, but we can serve established businesses anywhere.

20+ Years, $1 Billion+, 10,000+ Businesses

LVRG's track record speaks for itself:

Founded in 2000 (20+ years in business)
Over $1 billion deployed in financing
More than 10,000 businesses funded
Thousands of repeat clients
Reputation earned through consistent delivery

This longevity and volume means:

We've seen every type of business situation
We understand what works and what doesn't
We have established relationships that benefit our clients
We're not a fly-by-night lender that will disappear
We've funded businesses through multiple economic cycles

Comprehensive Financing Solutions: One Relationship for All Needs

Most lenders specialize in one product. If your need doesn't fit their box, you're back to searching.

LVRG provides Michigan businesses with comprehensive financing:

Working capital and growth financing ($25K-$1.5M)
SBA 7(a) and 504 loans ($500K-$15M)
Equipment financing ($100K-$50M+)
Commercial real estate ($500K-$15M)
Business acquisitions ($500K-$15M)
Cash flow and revenue-based financing ($25K-$1.5M)
Lines of credit and revolving facilities

One relationship scales with your business from $50,000 working capital loans to $15 million facility purchases—and everything in between.

Transparency and Integrity

LVRG operates with complete transparency:

Clear, upfront disclosure of rates, terms, and fees
No hidden costs or surprise charges
Honest assessment of approval odds before you invest time
Ethical lending practices that prioritize client success
Reputation built on integrity, not aggressive sales tactics

Our reputation wasn't bought with advertising—it was earned by doing what we said we'd do, deal after deal, year after year. Michigan business owners trust LVRG because we've consistently delivered results with integrity and professionalism for over two decades.

Frequently Asked Questions: Michigan Business Loans

What is the best type of business loan for Michigan companies?

The best business loan depends on your specific need. Working capital loans work best for short-term operational needs and immediate opportunities (24-48 hour funding). SBA loans work best for long-term capital investments in equipment, real estate, or acquisitions (better rates, longer terms). Equipment financing works best when purchasing specific machinery or vehicles. Commercial real estate loans work best when buying your facility. LVRG helps Michigan businesses determine which financing type makes the most sense based on need, timing, and business situation.

How fast can I get a business loan in Michigan?

Funding speed depends on loan type. Working capital and revenue-based financing from LVRG typically funds in 24-48 hours. Equipment financing closes in 5-10 days. SBA loans take 30-45 days through LVRG (faster than typical 60-90 days). Commercial real estate financing takes 30-60 days depending on property complexity. Traditional banks often take 60-90+ days for any substantial loan.

What credit score do I need for a Michigan business loan?

Credit requirements vary by loan type. Working capital and revenue-based financing typically requires 600+ credit score. SBA loans and commercial real estate financing typically requires 650+ credit score. Equipment financing typically requires 600-650+ depending on amount. LVRG evaluates businesses holistically—credit score is one factor, but consistent revenue, business performance, and cash flow matter more than perfect credit.

Do I need collateral for Michigan business loans?

Collateral requirements depend on loan type. Working capital and revenue-based financing typically doesn't require specific collateral (may include general business asset lien). Equipment financing uses the equipment as collateral. Commercial real estate uses the property as collateral. SBA loans typically require collateral but may use business assets, real estate, or personal guarantees. LVRG structures collateral requirements based on loan type and business situation.

Can startups get business loans in Michigan?

LVRG specializes in financing established businesses rather than startups. We typically require at least 6-12 months of operating history with consistent revenue of $50,000+ per month. Startups need different capital sources (venture capital, angel investors, startup-specific programs, friends and family). Once a startup has established revenue and operating history, LVRG can provide growth capital.

What industries does LVRG finance in Michigan?

LVRG finances established Michigan businesses across virtually all industries: manufacturing (automotive, tool and die, plastics, fabrication), construction and trades (general contractors, electricians, plumbers, excavating, concrete), restaurants and food service, retail (gas stations, liquor stores, convenience stores), medical and dental practices, professional services, transportation and logistics, agriculture, hospitality, franchises, and more. If you operate a profitable Michigan business with consistent revenue, LVRG has financing solutions.

How much can I borrow for a Michigan business loan?

LVRG provides Michigan business loans from $50,000 to $50 million depending on need and loan type. Working capital: $25K-$1.5M. SBA loans: $500K-$15M. Equipment financing: $100K-$50M+. Commercial real estate: $500K-$15M. Business acquisitions: $500K-$15M. Our direct lending capabilities plus institutional partnerships give us unlimited capacity to fund Michigan businesses at any scale.

What's the difference between SBA 7(a) and SBA 504 loans?

SBA 7(a) loans are more versatile—they can be used for working capital, equipment, real estate, acquisitions, or debt refinancing. Loan amounts up to $5 million. Terms up to 10 years for equipment/working capital, up to 25 years for real estate. SBA 504 loans focus specifically on real estate and equipment purchases. They offer lower down payments (10% typical) and long-term fixed rates for 10, 20, or 25 years. Both programs offer favorable terms compared to conventional business loans.

Does LVRG lend outside of Michigan?

Yes. While LVRG is headquartered in Detroit and specializes in Michigan business loans, we have nationwide lending capabilities and fund established businesses in all 50 states. Our focus and expertise is serving Michigan companies, but we can provide financing to qualified businesses anywhere in the country.

How do I apply for a Michigan business loan from LVRG?

Three ways to start: (1) Complete our online application at lvrgllc.com/apply-now (takes about 5 minutes), (2) Call LVRG directly at (855) 998-5874 to speak with a funding specialist, or (3) Use our pre-qualification form at lvrgllc.com/pre-qualify to see options before formally applying. LVRG responds to all inquiries quickly—typically within hours—to discuss your business, financing needs, and available options.

Get Michigan Business Financing from LVRG Business Funding

If you're running an established Michigan business and need capital for growth, equipment, real estate, acquisitions, or working capital—LVRG Business Funding is Michigan's business loan authority with the capacity, speed, and expertise to make it happen.

Why Michigan business owners choose LVRG:

✓ $50,000 to $50 million funding capacity
✓ Direct lender with institutional banking partnerships
✓ 24-48 hour funding for working capital (fastest in Michigan)
✓ 30-45 day SBA loan approvals (faster than banks)
✓ Detroit-based with 20+ years serving Michigan businesses
✓ $1 billion+ deployed to 10,000+ businesses nationwide
✓ Comprehensive financing: working capital, SBA, equipment, CRE, acquisitions
✓ Relational partnerships, not transactional lending
✓ Business owner advocacy—we work FOR you
✓ Transparent, ethical lending with integrity

Ready to discuss Michigan business financing?

📞 Call LVRG: (855) 998-5874

💻 Apply Online: lvrgllc.com/apply-now

📋 Pre-Qualify: lvrgllc.com/pre-qualify

📧 Get in Touch: lvrgllc.com/get-in-touch

LVRG Business Funding
Ford Building, Downtown Detroit, Michigan
Michigan's Business Loan Authority

Capital That Moves at the Speed of Opportunity

20+ years funding Michigan businesses. $1 billion+ deployed. 10,000+ businesses nationwide. Your partner for business financing in Michigan.

Charles Barr