Business Loans in Michigan: Your Complete Guide to Financing Options for Established Companies

If you're a business owner in Michigan looking for capital to grow, expand, or seize new opportunities, you're not alone. From Detroit to Grand Rapids, Ann Arbor to Lansing, established businesses across the state need access to strategic financing to compete and scale. Whether you're in Metro Detroit, Oakland County, Macomb County, or anywhere in Michigan, understanding your business loan options is critical to making the right financing decision.

At LVRG Business Funding, we've spent over 20 years helping Michigan businesses access the capital they need. We've deployed more than $1 billion to 10,000+ companies across the state, and we've learned that the right financing at the right time can be the difference between staying stagnant and achieving remarkable growth.

This comprehensive guide covers everything you need to know about business loans in Michigan—from working capital financing to SBA loans, equipment financing to commercial real estate loans. Whether you're based in Detroit, Grand Rapids, Ann Arbor, Lansing, Flint, or any other Michigan community, this guide will help you understand your options and choose the best financing solution for your business.

Why Michigan Businesses Need Access to Capital

Michigan's economy is driven by manufacturing, automotive, construction, healthcare, agriculture, and technology. These industries require significant capital investments to maintain equipment, expand operations, hire talent, and stay competitive. Yet many Michigan business owners find that traditional bank financing is increasingly difficult to access.

Banks have tightened lending requirements, reduced flexibility, and slowed approval processes. This is why many Michigan banks now refer their business loan clients to specialized lenders like LVRG. We combine direct lending capabilities with institutional partnerships to deliver flexible financing solutions that traditional banks simply can't match.

Types of Business Loans Available in Michigan

1. Working Capital Loans

What They Are:
Working capital loans provide immediate cash flow for day-to-day business operations, inventory purchases, payroll, and short-term growth opportunities.

Loan Amounts:
$25,000 to $1,500,000

Best For:

• Managing seasonal cash flow gaps

• Purchasing inventory

• Covering payroll during growth phases

• Capitalizing on immediate opportunities

Timeline:
Fast approvals—often within days for qualified businesses

Availability in Michigan:
LVRG provides working capital loans throughout Michigan, including Detroit business loans, Grand Rapids business financing, and funding for companies in Ann Arbor, Lansing, Flint, and across Oakland County, Macomb County, Wayne County, and Kent County.

Who Qualifies:
Established businesses generating $50,000+ in consistent monthly revenue with at least 6 months of operating history.

2. SBA Loans (7a, 504, and SBA Express)

What They Are:
Small Business Administration (SBA) loans are government-backed financing options that offer competitive rates and longer terms than conventional loans.

SBA 7(a) Loans:

• Loan Amounts: $500,000 to $5,000,000+

• Use Cases: Business acquisitions, expansion, working capital, equipment, commercial real estate

• Terms: Up to 25 years for real estate, 10 years for equipment and working capital

• Best For: Established businesses with strong financials looking for long-term, affordable financing

SBA 504 Loans:

• Loan Amounts: $500,000 to $15,000,000

• Use Cases: Owner-occupied commercial real estate purchases, major equipment investments

• Terms: 20-25 years with fixed rates

• Best For: Businesses purchasing property or making significant fixed asset investments

SBA Express Loans:

• Loan Amounts: Up to $350,000

• Timeline: Approximately 2 weeks for approval and funding

• Use Cases: Working capital, equipment, expansion

• Best For: Businesses needing SBA rates and terms with faster approvals

Availability in Michigan:
LVRG facilitates SBA loans for businesses throughout Michigan through institutional banking partners. We serve companies seeking SBA loans in Detroit, Grand Rapids SBA financing, Ann Arbor business loans, and SBA lending across Metro Detroit, Oakland County, Macomb County, and statewide.

Who Qualifies:
Businesses with at least 2 years of operating history, strong credit profiles, and demonstrated ability to repay.

3. Equipment Financing

What It Is:
Equipment financing provides capital to purchase or lease business-critical equipment, machinery, vehicles, and technology.

Loan Amounts:
$100,000 to $50,000,000+

Best For:

• Construction companies purchasing heavy machinery

• Manufacturing businesses investing in production equipment

• Medical practices acquiring diagnostic equipment

• Agriculture operations financing tractors and machinery

• Transportation companies expanding fleets

• Industrial businesses upgrading facilities

Timeline:
Fast approvals for qualified businesses—often within days for direct lending

Availability in Michigan:
LVRG specializes in large equipment financing deals for Michigan businesses. We provide equipment financing in Detroit, Grand Rapids equipment loans, and funding for companies in Ann Arbor, Lansing, Flint, and throughout Oakland County, Macomb County, Wayne County, Kent County, and across Michigan.

Who Qualifies:
Established businesses with strong revenue and equipment financing needs exceeding $100,000.

4. Commercial Real Estate Financing

What It Is:
Commercial real estate financing helps businesses purchase or refinance owner-occupied properties.

Loan Amounts:
$500,000 to $15,000,000

Best For:

• Purchasing commercial buildings for business operations

• Refinancing existing commercial properties

• Expanding facilities

Financing Options:

• SBA 504 loans (best rates and terms for owner-occupied properties)

• SBA 7(a) loans (flexible for mixed-use properties)

• Conventional commercial mortgages

Availability in Michigan:
LVRG provides commercial real estate financing throughout Michigan, including Detroit commercial property loans, Grand Rapids real estate financing, and funding for businesses in Ann Arbor, Lansing, and across Metro Detroit, Oakland County, Macomb County, Wayne County, and statewide.

5. Business Acquisition Financing

What It Is:
Business acquisition loans help entrepreneurs purchase existing businesses or buy out partners.

Loan Amounts:
$500,000 to $15,000,000

Best For:

• Acquiring competitor businesses

• Buying out business partners

• Purchasing established companies with proven revenue

Financing Options:

• SBA 7(a) loans (most common for acquisitions)

• Conventional acquisition financing

Availability in Michigan:
LVRG facilitates business acquisition financing for Michigan entrepreneurs looking to purchase businesses in Detroit, Grand Rapids, Ann Arbor, Lansing, and throughout the state.

Why Michigan Banks Refer Clients to LVRG

Over the past 20 years, we've built relationships with Michigan banks across the state. Many banks now refer their business loan clients to us because:

1. Limited Product Offerings: Most banks offer only one or two standard loan products with rigid requirements.

2. Slow Approval Processes: Traditional bank lending can take weeks or months. We move faster.

3. Inflexibility: Banks can't structure creative deals or adapt to unique situations. We can.

4. Deal Size Limitations: Many banks won't handle deals above $1-2 million or below $250,000. We finance from $50,000 to $50,000,000.

5. Industry Specialization: We understand Michigan industries—manufacturing, construction, automotive, healthcare, and more.

The result: We've become the preferred capital partner for established Michigan businesses that banks can't fully serve.

Geographic Coverage: Business Loans Across Michigan

LVRG Business Funding serves established companies throughout Michigan. Here's where we're actively funding businesses:

Metro Detroit & Surrounding Counties

• Detroit business loans: Serving businesses in Michigan's largest city across all industries

• Oakland County: Troy, Southfield, Farmington Hills, Rochester Hills, and surrounding communities

• Macomb County: Sterling Heights, Warren, Clinton Township, and Metro Detroit suburbs

• Wayne County: Dearborn, Livonia, Westland, and the greater Detroit metropolitan area

West Michigan

• Grand Rapids business loans: Serving Michigan's second-largest city and Kent County

• Holland, Muskegon, and lakeshore communities

Mid-Michigan

• Lansing business financing: Serving Michigan's capital city and surrounding Ingham County

• Flint and Genesee County

Southeast Michigan

• Ann Arbor business loans: Serving Washtenaw County and the University of Michigan corridor

• Jackson, Brighton, and surrounding communities

Statewide Coverage

• Kalamazoo, Battle Creek, and Southwest Michigan

• Traverse City and Northern Michigan

• Saginaw, Bay City, and the Great Lakes Bay Region

• Upper Peninsula communities

No matter where your business is located in Michigan, LVRG can structure financing solutions to meet your needs.

How to Choose the Right Business Loan in Michigan

Selecting the right financing depends on several factors:

1. Your Funding Timeline

• Need capital immediately? Working capital loans offer the fastest approvals.

• Can wait 2-4 weeks? SBA Express provides SBA rates with faster timelines.

• Planning 60-90 days out? SBA 7(a) and 504 loans offer the best long-term rates.

2. Your Use of Funds

• Daily operations: Working capital loans

• Equipment purchase: Equipment financing

• Real estate: SBA 504 or commercial mortgages

• Business acquisition: SBA 7(a) loans

3. Your Business Profile

• Strong credit and 2+ years in business? SBA loans offer best rates

• 6+ months operating with $50K+ monthly revenue? Working capital available

• Need $100K+ for equipment? Specialized equipment financing

4. Your Growth Goals

• Scaling quickly? Flexible working capital

• Long-term investment? SBA financing with favorable terms

• Major expansion? SBA 504 or large equipment deals

Why Established Michigan Businesses Choose LVRG

Direct Lending + Institutional Partnerships
We combine our own capital with relationships across 100+ institutional lenders. This means more options, better terms, and faster funding than you'd get from a single bank.

20+ Years of Michigan Experience
We understand Michigan industries, Michigan businesses, and Michigan challenges. We've funded companies in every sector across the state.

$50,000 to $50,000,000 in Financing
From small working capital needs to massive equipment deals, we have the capacity to fund your growth.

Fast Decisions, Transparent Terms
No runarounds. No hidden fees. No false promises. Just clear financing options and expert guidance.

White-Glove Service
You work directly with experienced specialists who understand your business and have the authority to make decisions.

Ready to Fund Your Michigan Business Growth?

If you're an established Michigan business generating $50,000+ in monthly revenue and ready to capitalize on growth opportunities, LVRG Business Funding is here to help.

Whether you need working capital in Detroit, SBA loans in Grand Rapids, equipment financing in Ann Arbor, or business acquisition funding in Lansing—we have the expertise, capacity, and institutional relationships to deliver results.

Contact LVRG Business Funding Today

Headquarters: Downtown Detroit, Michigan
Service Area: Statewide and nationwide
Financing Range: $50,000 to $50,000,000

Apply Online: lvrgfunding.com/apply-now
Call Us: (855) 998-5874

We fund growth, not survival. If you're ready to take your Michigan business to the next level, let's talk.

Frequently Asked Questions About Michigan Business Loans

Q: How fast can I get a business loan in Michigan?
A: Timeline depends on loan type. Working capital loans can fund within days. SBA Express takes approximately 2 weeks. Traditional SBA loans take 60-90 days.

Q: What credit score do I need for a business loan in Michigan?
A: Requirements vary by loan type. Working capital loans have more flexible credit requirements. SBA loans typically require strong credit (680+).

Q: Can I get a business loan if my bank turned me down?
A: Yes. We have more financing options and flexibility than traditional banks. Many of our clients were referred to us after bank denials.

Q: Do you lend to businesses outside Metro Detroit?
A: Absolutely. We serve businesses throughout Michigan—Grand Rapids, Ann Arbor, Lansing, Flint, and every region of the state.

Q: What industries do you finance?
A: We finance established businesses across all industries: manufacturing, construction, healthcare, automotive, agriculture, technology, retail, hospitality, and more.

Q: What's the difference between SBA 7(a) and SBA 504 loans?
A: SBA 7(a) loans are more flexible and can be used for working capital, equipment, real estate, and acquisitions. SBA 504 loans are specifically for owner-occupied real estate and major equipment with the best rates and longest terms.

About LVRG Business Funding

LVRG Business Funding is a Detroit-based boutique lender serving established businesses throughout Michigan and nationwide. For over 20 years, we've deployed more than $1 billion in strategic financing to 10,000+ companies. We specialize in working capital loans, SBA financing, equipment financing, and commercial real estate loans from $50,000 to $50,000,000.

Our clients choose us because we combine direct lending capabilities with institutional partnerships to deliver financing solutions traditional banks can't match. Fast decisions. Transparent terms. Expert guidance from application to funding.

Ready to discuss your capital needs? Click here to apply now or call us at (855) 998-5874 to speak with a specialist.

LVRG Business Funding Launches SBA Express Working Capital Loans for Michigan Small Businesses

Michigan's Business Financing Authority Delivers Fast, Flexible Capital Solutions for Detroit, Metro Detroit, and Statewide Business Growth

⚡ Fast Track Your Application: Get pre-approved in 24 hours. Apply Now at LVRGFunding.com/apply-now or call (855) 998-LVRG

QUICK NAVIGATION:

• Program Highlights

• Eligibility Requirements

• Approved Uses

• Industries We Serve

• Cities We Serve

• Application Process

• FAQs

• Apply Now

Detroit, Michigan – LVRG Business Funding, recognized as the state's Business Financing Authority, is proud to announce the launch of its LVRG Express Working Capital Loan Program—a streamlined financing solution designed specifically for established small businesses who need access to capital quickly and efficiently.

With over 20 years of experience and more than $1 billion in business loans funded to over 10,000 businesses nationwide, LVRG Business Funding continues its commitment to empowering entrepreneurs and business owners throughout Detroit, Grand Rapids, Ann Arbor, and communities across the Great Lakes State with the strategic capital they need to seize opportunities and drive sustainable growth.

Fast Business Loans for Michigan's Growing Economy

The LVRG Express Working Capital Loan Program represents a significant advancement in small business financing. Whether you're operating in Detroit's revitalized downtown, expanding throughout Metro Detroit's thriving suburbs, growing in Grand Rapids' vibrant business community, or anywhere across the state, LVRG Business Funding delivers the working capital solutions your business needs to compete and succeed.

"Business owners deserve financing solutions that move at the speed of opportunity," said Charles M. Barr, CEO and Founder of LVRG Business Funding. "Our Express Working Capital Loan Program eliminates the lengthy approval processes and excessive requirements that hold businesses back. We're providing entrepreneurs from Detroit to Lansing, Warren to Ann Arbor, with fast access to flexible capital so they can focus on what matters most—growing their businesses and creating jobs in our communities."

LVRG Express Working Capital Loans: Program Highlights

LVRG Business Funding's Express Working Capital Loan Program delivers powerful financing advantages for small businesses operating throughout the state:

Loan Amounts & Terms Designed for Small Businesses

Key Features:

• Flexible Loan Amounts: $10,000 to $350,000 in working capital financing for business growth

• Extended Repayment Terms: Up to 10-year terms available, providing manageable monthly payments

• No Prepayment Penalties: Pay off your loan early without penalty fees

• Competitive Variable Pricing: Tailored rates based on your business's financial strength and creditworthiness

Streamlined Application Process for Detroit & Metro Detroit Businesses

• Digital Application Platform: Complete your business loan application online in minutes at LVRGFunding.com/apply-now

• Fast Credit Decisions: Efficient underwriting process keeps your business on track for rapid funding

• No Hard Personal Credit Pulls: Protecting business owners' credit scores during the application review

• Minimal Collateral Requirements: No personal collateral required for qualifying businesses

• Quick Funding Timeline: Most loans fund within 15-20 business days

Simplified Documentation Requirements

LVRG Business Funding understands that business owners are busy running their companies. Our Express Working Capital Loan Program requires minimal documentation:

✓ Completed LVRG application forms ✓ Most recent 3 months of business bank statements ✓ Last 3 years of filed business tax returns ✓ Current interim financial statements (within 90 days) ✓ Business debt schedule ✓ Affiliate analysis (if applicable)

Eligibility Requirements for Small Business Loans

LVRG Business Funding's Express Working Capital Loan Program is available to established small businesses throughout Detroit, Metro Detroit, Grand Rapids, Ann Arbor, Lansing, and communities statewide. To qualify for business financing through our Express program, your company must meet these straightforward requirements:

• Minimum 2 Years in Business: At least 2 years of operating history required

• Credit Score Requirement: Minimum FICO score of 650 for business owners

• Minimum SBSS Score: Business credit score of 165 or higher

• Debt Service Coverage: Demonstrated ability to maintain at least 1.25x debt service coverage ratio

• Current on Obligations: Must be current on all existing business and personal debt

• No Recent Bankruptcies: No bankruptcies filed within the last 7 years

• Cash Flow Requirement: Proven cash flow demonstrating capacity for loan repayment

💡 Not Sure If You Qualify? Our team evaluates each application individually. Even if you don't meet all requirements, contact us at (855) 998-5874 to discuss alternative financing options.

Approved Uses for Working Capital Loans

LVRG Business Funding's Express Working Capital Loans provide businesses with flexible financing for a wide range of business purposes, excluding commercial real estate transactions. Business owners across Detroit, Metro Detroit, and throughout the state can use Express Working Capital Loan proceeds for:

• Equipment Purchases: Finance essential equipment for your operations, from manufacturing machinery to restaurant equipment to medical devices

• Working Capital & Cash Flow: Cover day-to-day operational expenses, payroll, inventory purchases, and seasonal fluctuations

• Business Expansion & Growth: Fund expansion initiatives, new locations, or market entry strategies

• Leasehold Improvements: Renovate and improve your business location (improvements up to $350,000)

• Debt Refinancing: Consolidate and refinance existing high-interest business debt to improve cash flow

• Business Acquisitions: Purchase existing businesses within approved industries (restrictions apply)

• Inventory & Supplies: Stock up on inventory for peak seasons or take advantage of bulk purchasing opportunities

• Marketing & Advertising: Invest in growing your business through strategic marketing campaigns

• Technology Upgrades: Modernize your business with new software, hardware, or digital infrastructure

Industries We Serve Across Michigan

LVRG Business Funding specializes in providing Express Working Capital Loans to businesses across numerous industries. Whether you're operating in Detroit's urban core, throughout Metro Detroit's suburbs, or in communities like Grand Rapids, Warren, Sterling Heights, Dearborn, or Ann Arbor, we have deep expertise financing these established business sectors:

Professional Services Across Michigan

• Accounting & Tax Preparation Services

• Law Firms

• Professional Services Firms

• Educational Services

• Investment Advisory

Healthcare & Medical Services

• Dental Practices

• Veterinary Clinics

• Healthcare Facilities

• Home Care

• Pharmacy

Food & Hospitality Businesses

• Franchise Restaurants

• Approved Franchise Concepts

• Food Service Establishments

Automotive & Transportation in Metro Detroit

• Auto Dealerships

• Automotive Care

• Automotive Service Providers

Construction & Trades

• HVAC and Plumbing Contractors

• Restoration, Remediation, and Cleaning

• Specialty Trade Contractors

Technology & Business Services

• Managed Service Providers (MSPs)

• Broadband and Telecommunications

• Technology Firms

Additional Industries

• Agriculture Operations

• Fitness Centers

• Funeral Homes and Crematories

• Government Contracting

• Hardware Stores

• Insurance Agencies

• Pet Care Facilities

• Property Management

• RV Parks

• Self-Storage Facilities

• General Small Businesses

Note: Certain industries may have stricter underwriting requirements. Some industries are restricted and not eligible for Express Working Capital Loans. Contact LVRG Business Funding to discuss your specific business and industry eligibility.

Serving Business Owners Throughout Michigan

LVRG Business Funding proudly serves established businesses across the Great Lakes State. Our Express Working Capital Loan Program is available to business owners in:

Major Michigan Cities We Serve:

• Detroit - Michigan's largest city and economic hub

• Grand Rapids - West Michigan's business center

• Warren - Metro Detroit manufacturing

• Sterling Heights - Automotive and tech corridor

• Ann Arbor - Innovation and healthcare

• Lansing - State capital

• Dearborn - Automotive headquarters

• Livonia - Commercial hub

• Troy - Corporate center

• Farmington Hills - Professional services

• Flint - Manufacturing resurgence

• Rochester Hills - Growing business community

• Southfield - Office and retail

• Novi - Technology corridor

• And throughout Michigan - From the Upper Peninsula to the Ohio border

Whether your business is in a major metropolitan area or a smaller community, LVRG Business Funding delivers the same fast, professional service and competitive lending terms.

Why Michigan Business Owners Choose LVRG Business Funding

For over two decades, LVRG Business Funding has been the trusted financing partner for established businesses throughout the United States. As the state's Business Financing Authority, we've built our reputation on delivering results for entrepreneurs and business owners who need strategic capital solutions.

20+ Years Serving Michigan Businesses

Since our founding, LVRG Business Funding has facilitated over $1 billion in business financing to more than 10,000 established businesses nationwide. Our deep knowledge of Detroit's business landscape and Metro Detroit's diverse economy, combined with our understanding of markets from Grand Rapids to Ann Arbor, positions us uniquely to serve businesses throughout the state.

By The Numbers: ✓ $1+ Billion in business financing facilitated ✓ 10,000+ businesses funded nationwide ✓ 20+ Years of financing expertise ✓ 15-20 Days average funding timeline ✓ $50K-$50M total lending capacity

Boutique Service, Institutional Capabilities

LVRG Business Funding combines the personalized attention of a boutique financing firm with the capital capacity and lending partnerships of major institutions. This unique positioning allows us to serve businesses with loan amounts ranging from $50,000 to $50 million across our full suite of financing products, while our Express Working Capital Loan Program specifically targets the $10,000 to $350,000 range that many small businesses require.

Fast, Transparent, Reliable

Business owners choose LVRG Business Funding because we deliver what we promise. No gimmicks, no hidden fees, no misleading tactics. Our Express Working Capital Loan Program provides straightforward terms, rapid credit decisions, and funding timelines that keep your business moving forward. When opportunity knocks, LVRG Business Funding ensures you have the capital to answer.

Strategic Partnership Approach

We don't view ourselves as transactional lenders. LVRG Business Funding builds long-term strategic partnerships with business owners. Whether you're launching a new product line, expanding to additional locations, or navigating challenges, LVRG stands with you as a trusted capital partner committed to your success.

The LVRG Express Working Capital Loan Process

Securing business financing shouldn't be complicated or time-consuming. LVRG Business Funding has streamlined our Express Working Capital Loan process to get business owners the capital they need efficiently:

6-Step Funding Process:

1. Apply Online - 5-minute digital application 2. Consultation - Advisor reviews your needs 3. Documentation - Submit required documents 4. Underwriting - Fast credit decision 5. Approval - Review clear loan terms 6. Funding - Receive capital in 15-20 days

Step 1: Connect & Apply

Click here to complete our digital application. The online application takes just minutes and provides LVRG Business Funding with an overview of your business and financing needs. We don't run hard credit pulls during the initial application, protecting your credit score.

Step 2: Consultation & Documentation

An experienced LVRG Business Funding advisor will contact you promptly to discuss your business financing needs and determine the best path forward. We'll request key documents such as business bank statements, tax returns, and current financial statements. Our team works closely with business owners to make the documentation process as seamless as possible.

Step 3: Underwriting & Credit Decision

LVRG Business Funding's efficient underwriting and credit decision process reviews your business's financial profile and creditworthiness. Our streamlined approach means faster decisions compared to traditional bank financing. We evaluate your business's ability to service debt, cash flow strength, and overall financial health.

Step 4: Loan Approval & Terms Review

Once approved, you'll receive clear loan terms outlining your Express Working Capital Loan amount, interest rate, repayment term, and any conditions. LVRG Business Funding believes in transparency—business owners deserve to understand exactly what they're agreeing to. If anything needs adjustment, we'll work collaboratively with you to structure optimal terms.

Step 5: Streamlined Digital Closing

LVRG Business Funding utilizes a digital closing process that eliminates unnecessary paperwork and delays. Business owners can review and execute loan documents electronically, expediting the closing timeline. Most Express Working Capital Loans close within 15-20 business days from completed application.

Step 6: Funding & Online Account Access

Upon closing, loan proceeds are disbursed directly to your business bank account. You'll receive access to LVRG Business Funding's online servicing platform where you can view your loan details, make payments, track your balance, and access account information 24/7 from anywhere.

Michigan Small Business Loan FAQs

How quickly can my Michigan business get funded through the Express Working Capital Loan Program?

Most LVRG Express Working Capital Loans fund within 15-20 business days from the time you submit a completed application with all required documentation. In some cases, businesses with strong financials and straightforward requests may fund even faster. LVRG Business Funding prioritizes speed without sacrificing thorough underwriting.

Does LVRG Business Funding only serve businesses in Detroit and Metro Detroit?

While LVRG Business Funding is proud to be recognized as the state's Business Financing Authority and maintain deep roots in Detroit and Metro Detroit, our Express Working Capital Loan Program serves established small businesses throughout all of the Great Lakes State—from the Upper Peninsula to the Ohio border, from Lake Michigan shoreline communities to businesses along Lake Huron. Additionally, LVRG Business Funding provides financing solutions to businesses nationwide through our broader lending programs.

What credit score do I need to qualify for an Express Working Capital Loan?

LVRG Business Funding requires a minimum personal FICO score of 650 and a minimum business SBSS credit score of 165 for Express Working Capital Loan approval. Business owners with credit scores below these thresholds may still qualify for alternative financing programs offered by LVRG Business Funding. Contact our team at LVRGFunding.com/apply-now to discuss your situation and explore available options.

Can startup businesses qualify for Express Working Capital Loans?

The LVRG Express Working Capital Loan Program requires a minimum of 2 years of business operations. However, startup businesses within certain approved franchise concepts, veterinary practices, and dental industries may qualify under specific conditions. Entrepreneurs launching new businesses should contact LVRG Business Funding to discuss startup financing alternatives, including our other working capital and growth financing products.

What if my business operates in an industry not listed as approved?

LVRG Business Funding serves businesses across dozens of industries. If your specific industry isn't explicitly listed in our approved sectors, contact our team to discuss eligibility. We evaluate each business individually and can often structure financing for businesses outside our standard industry list. Some industries may require additional documentation or have modified underwriting requirements.

Does LVRG Business Funding require personal guarantees for business loans?

While LVRG Express Working Capital Loans do not require personal collateral, personal guarantees from business owners may be required depending on the business structure, loan amount, and creditworthiness. Our team will clearly communicate all loan requirements during the application process so business owners understand their obligations before committing.

Can I use an Express Working Capital Loan to purchase commercial real estate?

No, the LVRG Express Working Capital Loan Program specifically excludes commercial real estate transactions. However, LVRG Business Funding offers specialized commercial real estate financing programs for businesses looking to purchase property. Visit LVRGFunding.com or contact our team to discuss commercial real estate financing options.

What makes LVRG Business Funding different from traditional banks?

LVRG Business Funding combines speed, flexibility, and personalized service that traditional banks struggle to match. While banks often require extensive documentation, lengthy approval processes, and rigid underwriting guidelines, LVRG's boutique approach delivers faster decisions, creative deal structuring, and a consultative partnership mentality. We leverage relationships with institutional lenders and banks to access competitive capital while maintaining the agility and service standards of a privately-held financing firm dedicated to business success.

Additional LVRG Business Funding Programs

Beyond our Express Working Capital Loan Program, LVRG Business Funding offers comprehensive financing solutions for established businesses with larger capital requirements:

Working Capital & Growth Financing ($50K - $5M)

For businesses requiring more substantial working capital than our Express program provides, LVRG Business Funding offers traditional working capital financing, revenue-based financing, SBA loans, and business acquisition financing with deal sizes from $50,000 to $5 million. These programs serve companies ready for significant expansion, strategic acquisitions, or major operational initiatives.

Big Ticket Equipment Financing ($100K - $50M)

LVRG Business Funding specializes in heavy equipment financing for businesses in construction, manufacturing, medical, agriculture, power generation, aviation, food packaging, transportation, and fitness industries. Our big ticket equipment financing programs fund deals from $100,000 to $50 million for companies making substantial capital investments in machinery and equipment.

SBA Loans Through SBALoansMichigan.com

As the state's Business Financing Authority, LVRG Business Funding facilitates SBA loan programs through our dedicated platform, SBALoansMichigan.com. SBA 7(a) loans, SBA 504 loans, and SBA Express loans provide business owners with government-backed financing featuring competitive rates, extended terms, and favorable conditions for eligible businesses. Visit SBALoansMichigan.com to explore SBA financing options for your business.

Ready to Secure Working Capital for Your Business?

Don't let capital constraints hold your business back from achieving its full potential. Whether you're expanding operations in Detroit, growing throughout Metro Detroit, or seizing opportunities anywhere from Grand Rapids to Ann Arbor, LVRG Business Funding's Express Working Capital Loan Program delivers the fast, flexible financing your business needs to succeed.

LVRG Business Funding has facilitated over $1 billion in financing to more than 10,000 established businesses over the past 20 years. Our reputation as the state's Business Financing Authority was earned through consistent performance, unwavering commitment to client success, and a no-nonsense approach to business financing.

About LVRG Business Funding

LVRG Business Funding is a boutique financing firm recognized as the state's Business Financing Authority. Founded over 20 years ago by Charles M. Barr, LVRG has facilitated more than $1 billion in business loans to over 10,000 established businesses nationwide. With direct lending capabilities and strategic partnerships with leading institutional funds, commercial lenders, and banks, LVRG Business Funding delivers creative financing solutions ranging from $50,000 to $50 million across multiple asset classes and industries.

LVRG Business Funding is built on integrity, professionalism, and an unwavering commitment to client success. The company serves businesses throughout Detroit, Metro Detroit, and across the United States with working capital financing, revenue-based financing, SBA loans, business acquisition funding, and big ticket equipment financing. LVRG's approach combines deep market expertise with access to competitive capital sources, ensuring business owners receive optimal terms and execution excellence.

For more information about LVRG Business Funding and our Express Working Capital Loan Program, visit LVRGFunding.com or SBALoansMichigan.com.

Media Contact: LVRG Business Funding Phone: (855) 998-LVRG (5874) Web: LVRGFunding.com SBA Platform: SBALoansMichigan.com

Commercial Real Estate Financing | Metro Detroit Office, Industrial & Retail Properties | LVRG Funding

Those 'For Sale' Signs Have Been Sitting Too Long

Drive through Metro Detroit and the pattern is unmistakable.

Warren: Industrial buildings with 'For Lease' banners that have been there for months.

Troy: Office space with 'Available' signs collecting dust.

Sterling Heights: Manufacturing facilities sitting empty while profitable businesses a mile away write $30,000 monthly rent checks.

The problem isn't lack of demand. Metro Detroit has profitable businesses that need these spaces. The problem is financing execution—or more precisely, the lack of it.

Business owners get declined by their bank and assume they don't qualify. Brokers submit to one lender, get a rejection, and the deal dies. Traditional commercial loans require 30% down that ties up working capital needed for operations.

Meanwhile, the right financing structure—SBA 7(a), SBA 504, or properly structured conventional financing—would get the deal done with 10-15% down, reasonable terms, and a closing timeline that doesn't kill the transaction.

LVRG facilitates commercial real estate financing for established Michigan businesses acquiring owner-occupied office, industrial, and retail properties. We provide the capital structure and lender access that gets deals closed when execution actually matters.

Why Businesses Purchase Commercial Real Estate Through LVRG

Platform Access, Not Single-Lender Limitations

Most businesses approach commercial real estate financing through one bank relationship or one broker with limited lender access. When that lender declines or offers unfavorable terms, the transaction dies.

We maintain active relationships with 15+ institutional commercial real estate lenders, SBA-preferred banks, and specialized CRE financing sources across multiple capital structures.

Your transaction gets evaluated against the full lending landscape—not just one bank's current appetite. If one lender declines based on property type, we have alternatives that specialize in that asset class. If one bank's pricing isn't competitive, we have options with better terms.

This isn't theoretical—it's how we've closed transactions after multiple bank declines when the business and property fundamentals were sound but the initial lender match was wrong.

Execution That Actually Happens

Commercial real estate transactions fail from coordination breakdowns, not business problems.

The bank wants updated financials. SBA needs additional documentation. The appraiser has questions about property condition. Environmental assessment reveals concerns requiring management. Title work uncovers lien issues.

Each delay compounds. Sixty-day closings become ninety days, then 120. Sellers get frustrated. Purchase agreements expire. Financing contingencies lapse.

We coordinate the entire process—bank underwriting, SBA processing, appraisal management, environmental consultants, title work, and attorney coordination—simultaneously rather than sequentially.

You communicate with one point of contact who manages everything else. No confusion about who needs what or when. No surprises three days before closing. No finger-pointing between parties when issues arise.

Most transactions close in 60-75 days for SBA programs, 35-45 days for conventional financing. Not because we rush the process, but because we manage it properly from day one.

Institutional Capital Access With Boutique Attention

Our lending volume and bank relationships deliver pricing advantages typically reserved for much larger transactions. Negotiated rate structures with SBA-preferred lenders. Reduced fee arrangements. Optimized closing costs.

The institutional access provides capital on terms that standalone brokers and single-bank relationships can't match.

The boutique operating model ensures you're not handed off to junior processors or left wondering about transaction status. You work directly with senior advisors who have closed hundreds of commercial real estate transactions and understand how to structure financing that actually funds.

Twenty Years, $1 Billion Funded, 10,000+ Businesses

LVRG's track record isn't marketing language—it represents demonstrated execution across market cycles, transaction types, and business situations.

We've structured deals banks initially said were impossible. We've saved transactions that other brokers abandoned. We've consistently delivered financing when execution matters most.

That track record exists because we've built the lender relationships, developed the process expertise, and maintained the reputation that makes lenders want to close our deals.

Commercial Real Estate Financing Programs

SBA 7(a) Commercial Real Estate Loans

The most versatile commercial real estate financing for businesses needing maximum flexibility.

Loan amounts up to $5 million with terms to 25 years for commercial real estate. Down payments typically 10-15% depending on transaction specifics and borrower strength.

The key advantage over 504 loans: ability to include working capital, soft costs, and equipment beyond just real estate. For businesses acquiring property as part of broader growth initiatives, the 7(a) structure provides capital for multiple business needs in one financing package.

LTV up to 90% on commercial real estate. Rates currently ranging 9-11% depending on loan size, term, and business profile. Variable rate structure tied to prime, though some lenders offer fixed-rate options for portions of the loan.

Best for: Businesses needing commercial real estate financing combined with working capital or equipment funding, or transactions where flexibility matters more than absolute lowest down payment.

SBA 504 Commercial Real Estate Loans

Fixed-rate financing specifically designed for commercial real estate and equipment purchases.

Total project sizes from $1 million to $20 million+, with the SBA portion capped at $5.5 million for manufacturing and energy-efficient projects, $5 million for standard commercial real estate.

The 504 structure uses three funding sources: A bank provides 50% of project cost, an SBA-backed lender provides up to 40%, and the business contributes 10% down payment.

The SBA portion carries a fixed rate for the full loan term (10, 20, or 25 years)—providing rate certainty on 40% of the total financing that conventional commercial loans can't match.

Current SBA portion rates: 5.5-6.5% fixed for life. Bank portion rates: 6-8% fixed or variable. Combined effective rate typically 6-7% depending on structure.

No balloon payments. Fully amortized terms. Monthly payments and total borrowing costs known with certainty from day one.

Best for: Businesses focused exclusively on commercial real estate or equipment acquisition who want the lowest possible down payment, true fixed-rate financing, and predictable long-term costs.

Conventional Commercial Real Estate Financing

Traditional commercial mortgages for businesses with strong financials and larger down payment capacity.

Loan amounts up to $10 million+ depending on lender and property type. Down payments typically 20-30%. Terms from 5 to 25 years with various amortization structures.

Rate options include fixed-rate terms (typically 5-10 years) and variable-rate structures. Current rates generally 7-12% depending on property type, LTV, borrower strength, and term.

Most conventional commercial loans include balloon payment provisions after 5-10 years requiring refinancing or payoff. Rate adjustment provisions can create payment uncertainty over time.

The primary advantage: Speed. Conventional commercial financing typically closes 15-25 days faster than SBA programs because it avoids SBA processing requirements and documentation.

Best for: Businesses with substantial cash reserves who prioritize closing speed over down payment minimization, or situations where SBA programs don't fit the transaction structure.

Metro Detroit Commercial Real Estate Success Stories

Manufacturing Expansion: Auburn Hills Precision Manufacturing

Business profile: Established precision manufacturing company serving automotive and aerospace markets, $6.8 million annual revenue, 42 employees.

Challenge: Outgrew existing 28,000 square foot leased facility. Production capacity maxed out. Turned away contracts due to space limitations. Landlord unwilling to expand or modify building for specialized equipment requirements.

Transaction: $9.5 million SBA 7(a) loan facilitated through LVRG's banking partners.

Structure breakdown:

• Commercial building purchase: $6.2 million (55,000 sq ft industrial facility)

• Equipment financing: $2.8 million (CNC machining centers, material handling systems)

• Soft costs and working capital: $500,000

• Total project: $9.5 million

• Down payment: $1.14 million (12%)

• Monthly payment: $61,400

Previous monthly rent: $18,200 for inadequate space.

Results: Consolidated all operations into owned facility. Production capacity increased 190%. Added second shift. Hired 23 additional employees. Revenue increased to $11.4 million within 18 months. Building appreciated $780,000 in three years while building $890,000 in equity.

The transaction almost didn't happen—initial bank declined due to equipment concentration concerns. LVRG connected the business with an SBA-preferred lender specializing in manufacturing, restructured the application to emphasize contract pipeline and industry expertise, and closed in 71 days.

Professional Services: Troy Engineering Firm

Business profile: Civil engineering and land surveying firm, $3.2 million revenue, 18 employees, 15 years in business.

Challenge: Paying $24,500 monthly for 9,500 square feet of office space. Lease renewal approaching with 18% rent increase. Needed to control costs and stop funding landlord's equity.

Transaction: $2.8 million SBA 504 loan for office building purchase.

Structure breakdown:

• Office building: $2.8 million (12,000 sq ft, Troy business district)

• Bank portion: $1.4 million (50%)

• SBA portion: $1.12 million (40%)

• Down payment: $280,000 (10%)

• Monthly payment: $17,800

Outcome: Eliminated $24,500 monthly rent. New monthly payment $17,800—saving $6,700 per month ($80,400 annually). Rented 2,500 unused square feet to complementary business for $4,200 monthly, reducing net occupancy cost to $13,600.

Built $340,000 in equity over first four years. Property appreciated $420,000. Total wealth creation from real estate: $760,000 while reducing monthly costs 45%.

The firm initially planned to continue renting, assuming commercial real estate purchase wasn't feasible. The SBA 504 structure with 10% down made ownership possible without depleting working capital needed for operations.

Distribution Center: Romulus Industrial Warehouse

Business profile: Industrial distribution company serving manufacturing sector, $8.4 million revenue, three leased warehouse locations.

Challenge: Operating from three separate leased warehouses totaling 95,000 square feet. Combined monthly rent: $47,800. Inefficient operations from split inventory and redundant systems. Lease expirations staggered over 18 months creating uncertainty.

Transaction: $7.2 million conventional commercial real estate loan.

Structure breakdown:

• Warehouse purchase: $7.2 million (140,000 sq ft, Romulus industrial park)

• Down payment: $1.8 million (25%)

• Term: 20 years

• Monthly payment: $48,600

Results: Consolidated three locations into single owned facility. Reduced occupancy cost despite higher square footage. Eliminated duplicate equipment and redundant staff—$180,000 annual savings. Inventory management improved dramatically. Shipping efficiency increased 35%.

Monthly rent previously: $47,800 across three locations for 95,000 sq ft. Current monthly payment: $48,600 for 140,000 sq ft owned building.

Effective cost per square foot dropped 42% while gaining 47% more space. Building equity monthly while previously every dollar went to landlords. Property positioned for significant appreciation as Romulus industrial corridor continues development.

The business initially pursued SBA 504 financing but timeline requirements made conventional financing better fit. LVRG structured the conventional loan with favorable terms through a specialized commercial real estate lender, closing in 38 days to meet seller's timeline.

Commercial Real Estate Financing Requirements

Business Qualifications

Established operations: Minimum two years in business with tax returns demonstrating consistent profitability.

Revenue requirements: Generally $500,000+ annual revenue, though specific requirements vary based on property size and transaction structure. Larger properties naturally require stronger revenue to support debt service.

Cash flow adequacy: Demonstrated ability to service proposed debt from business operations. Most lenders require 1.20x to 1.25x debt service coverage—meaning cash flow available for debt payment should exceed proposed payment by 20-25%.

Owner-occupancy: SBA programs require business to occupy minimum 51% of purchased property for own operations. Remaining 49% can be rented to other tenants. Conventional financing offers more flexibility on occupancy requirements.

Industry compliance: Business must operate in SBA-eligible industry. Most commercial and industrial businesses qualify. Certain industries (passive real estate investment, speculation, lending) don't qualify for SBA programs but may qualify for conventional financing.

Personal Credit Requirements

680+ credit score: Preferred range for best terms and broadest lender access.

650-680 credit score: Workable with strong business financials, substantial down payment, or compensating factors like industry experience and contract backlog.

Below 650 credit score: Increasingly difficult regardless of business strength. Some transactions possible with exceptional circumstances, though lender options narrow significantly.

Credit history matters beyond just score. Medical debt and divorce-related credit issues generally viewed more favorably than recent business failures, judgments, or tax liens. Lenders evaluate credit in context—what caused the issues, when they occurred, and how they've been resolved.

Down Payment Requirements

SBA 7(a): 10-15% depending on property type and business strength. Standard commercial real estate typically 10%, special-use properties may require 15%.

SBA 504: 10% for standard commercial real estate. 15-20% for special-use properties like gas stations, hotels, or businesses with limited operating history.

Conventional: 20-30% depending on lender, property type, and borrower profile. Some lenders require 25% minimum, others offer 20% programs for exceptional credits.

Down payment sources: Cash, seller financing (with restrictions), equipment value, existing building equity. SBA programs allow various down payment structures beyond pure cash requirements.

Property Requirements

Owner-occupied commercial real estate: Office buildings, industrial facilities, warehouses, retail buildings, manufacturing plants, mixed-use properties where business occupies at least 51%.

Property condition: Acceptable for intended use with no significant environmental concerns or deferred maintenance that threatens property value. Properties requiring substantial rehabilitation may qualify with renovation financing structured into the loan.

Appraisal requirements: Property must appraise at or above purchase price. Lenders typically require full commercial appraisal from licensed commercial appraiser familiar with local market.

Environmental assessment: Phase I environmental assessment required for virtually all commercial real estate transactions. Phase II assessment required if Phase I identifies potential concerns.

Title requirements: Clear title with no liens, encumbrances, or legal issues that cloud ownership. Title insurance required at closing.

Understanding the Commercial Real Estate Financing Process

Initial Consultation and Property Evaluation

The process begins with understanding your specific situation: property type and location, purchase price and structure, business financials and credit profile, timeline requirements, and capital available for down payment.

This consultation determines optimal financing structure for your transaction. Not every deal fits SBA programs. Some situations require conventional financing. Others benefit from 7(a) flexibility versus 504 rate certainty.

We evaluate your qualification strength honestly—including likelihood of approval, probable terms, and realistic timeline. If your transaction isn't financeable currently, we explain what would need to change rather than wasting time on applications that won't fund.

Timeline: 1-3 days for initial evaluation and program recommendation.

Application and Documentation

Once optimal program is identified, formal application begins with comprehensive documentation package.

Required documentation includes: Two years business tax returns, two years personal tax returns, current business financial statements (profit & loss, balance sheet), personal financial statement, business debt schedule, purchase agreement or letter of intent for property, corporate documents and business licenses.

Additional documentation may be required based on business type, transaction structure, or lender requirements. Manufacturing businesses may need equipment schedules. Service businesses may need customer concentration analysis. All businesses need basic business plan or narrative explaining operations and market position.

We handle document preparation and organization—ensuring lenders receive complete packages that expedite underwriting rather than triggering endless follow-up requests.

Timeline: 7-14 days for complete documentation package assembly.

Underwriting and Approval

Multiple parties review commercial real estate transactions simultaneously: Bank underwriting evaluates credit, business strength, and property. SBA reviews compliance with program requirements (if applicable). Third-party providers complete appraisal, environmental assessment, and other due diligence.

Most transaction delays occur during this phase—not because underwriting is slow, but because coordination is poor. Appraiser needs access to property but can't reach seller. Environmental consultant has questions that sit unanswered. Bank underwriter requests additional documentation that takes weeks to provide.

We manage all coordination proactively. Appraiser gets property access scheduled immediately. Environmental questions get answered same day. Bank requests get fulfilled within 24-48 hours maximum.

The result: Underwriting proceeds efficiently rather than stalling repeatedly.

Conditional approval typically issued after bank and SBA (if applicable) complete initial review. Conditional approval means "yes" subject to satisfying specific requirements—updated insurance, final appraisal review, resolution of title issues, or other standard conditions.

Timeline: 25-40 days from application to conditional approval, depending on program and property complexity.

Closing Preparation

After conditional approval, final conditions get satisfied and closing documents get prepared.

Title company completes title work, surveys property boundaries, and prepares title insurance. Insurance agent provides required property and liability coverage meeting lender specifications. Attorneys review purchase agreements and prepare closing documents.

All parties coordinate closing date that works for buyer, seller, and lenders. Closing typically occurs at title company or attorney's office with all parties executing documents and funds disbursing.

Timeline: 15-25 days from conditional approval to closing.

Total Transaction Timeline

SBA 7(a) and 504 programs: 60-75 days from application to closing for straightforward transactions. Complex properties or situations requiring additional due diligence may extend to 90 days.

Conventional financing: 35-50 days from application to closing depending on lender and property specifics.

These timelines assume complete documentation, responsive parties, and no significant property issues discovered during due diligence. Delays occur when sellers restrict property access, businesses struggle to provide complete financials, or title/environmental problems emerge requiring resolution.

Why Not Just Go Directly to a Bank?

This is the obvious question, and it deserves a direct answer.

You can absolutely approach banks directly for commercial real estate financing. Many businesses do. Some succeed. Many don't—not because they don't qualify, but because they approached the wrong bank for their specific situation.

Here's what most businesses don't understand about commercial real estate lending:

Banks Have Specific Appetites

Bank A loves office buildings but won't touch industrial properties. Bank B specializes in manufacturing facilities but avoids retail. Bank C focuses on transactions over $5 million and shows little interest in smaller deals. Bank D prefers businesses with 10+ years operating history and minimal credit tolerance for younger companies.

These preferences aren't published on websites. They change quarterly based on portfolio composition and internal risk metrics. They vary by local market conditions and recent loss experience.

When you approach Bank A directly for industrial property financing, they may decline—not because you don't qualify, but because industrial properties don't fit their current lending focus. You assume you don't qualify. Deal dies.

If you had approached Bank B (which actually wants industrial property loans), you would have been approved with favorable terms.

The problem isn't your qualification—it's lender matching.

Banks Price Differently

Two banks both approve your commercial real estate transaction. Bank X offers 8.5% rate with 25% down. Bank Y offers 7.75% rate with 20% down.

On a $3 million property, that difference means:

• Bank X: $750,000 down, $18,400 monthly payment

• Bank Y: $600,000 down, $16,900 monthly payment

Bank Y saves you $150,000 upfront and $1,500 monthly ($18,000 annually).

Over 20 years, the total difference exceeds $500,000.

Both banks approved you. But direct relationship with Bank X meant you never knew Bank Y existed or offered better terms.

Banks Don't Coordinate Complex Transactions

Commercial real estate transactions involving SBA programs require coordination between conventional bank, SBA-backed lender, SBA authorization, and multiple third parties.

Most commercial lenders don't want to manage that complexity for individual borrowers. They process their portion and assume someone else handles the rest.

When coordination fails—and it frequently does without experienced management—transactions stall, timelines extend, and deals die despite having approval.

Banks Won't Tell You When They're Not the Right Fit

If you approach a bank that doesn't really want your transaction (wrong property type, too small, outside their typical profile), they might:

Process your application slowly, hoping you withdraw Request endless additional documentation that signals lack of interest Quote uncompetitive terms that effectively price you out Eventually decline after wasting 60 days

They won't say "We're not really interested in this deal, you should try Bank Z instead." That's not how banks operate.

Our Value Is Simple

We know which lenders want which transactions. We know current pricing across multiple banks. We coordinate complex deals that require expertise beyond single-lender processing.

You can absolutely approach banks directly. Some transactions will work fine. Others won't—not because you don't qualify, but because lender matching, pricing comparison, and process coordination create obstacles that sink viable deals.

That's what we solve.

Frequently Asked Questions: Commercial Real Estate Financing

Can I finance commercial real estate purchase and working capital together?

Yes, with SBA 7(a) loans. The 7(a) program allows working capital inclusion alongside commercial real estate financing—providing capital for multiple business needs in single loan package.

SBA 504 loans cannot include working capital. The 504 program restricts financing to commercial real estate and equipment only.

If you need both property financing and working capital, the 7(a) structure provides that flexibility despite slightly higher down payment than 504 programs.

What if I want to rent part of my building to other businesses?

SBA programs require you occupy at least 51% of purchased property for your own business operations. The remaining 49% can be rented to outside tenants.

Example: Purchase 20,000 square foot building. Your business occupies 11,000 square feet (55%). You rent remaining 9,000 square feet (45%) to other businesses. This structure qualifies for SBA financing.

Rental income from tenant space is considered when evaluating transaction cash flow and debt service coverage. Many businesses effectively reduce their occupancy costs significantly by renting unused space to quality tenants.

Conventional commercial financing typically allows more flexibility on occupancy requirements, including properties with less than 51% owner-occupancy.

How much do I need for down payment on commercial real estate?

Down payment requirements vary by program:

SBA 7(a): 10-15% typical SBA 504: 10% for standard commercial property, 15% for special-use properties Conventional: 20-30% depending on lender and property

For $3 million commercial building:

• SBA 504: $300,000 down (10%)

• SBA 7(a): $300,000-$450,000 down (10-15%)

• Conventional: $600,000-$900,000 down (20-30%)

The down payment difference of $300,000-$600,000 represents capital that remains in your business for operations rather than going into property acquisition.

What credit score do I need for commercial real estate financing?

680+ credit score: Preferred range for best terms and most lender options.

650-680 credit score: Workable with strong business performance and solid compensating factors.

Below 650 credit score: Difficult regardless of business strength, though not impossible with exceptional circumstances.

What matters beyond the score: What caused credit issues? When did issues occur? How have they been resolved? Medical debt and divorce-related credit problems are viewed differently than recent business failures or tax liens.

We've closed commercial real estate transactions with credit scores in the 620-640 range when business fundamentals were exceptional. We've also seen 720 credit scores get declined when business performance was marginal. Credit is one factor among many, not the sole determinant.

Can I refinance my existing commercial real estate mortgage?

Refinancing existing commercial mortgages through SBA programs is generally difficult unless combined with substantial expansion or improvement—typically requiring 20%+ additional investment beyond current loan balance.

Example: Current building worth $2 million with $1.2 million mortgage. Straight refinance of existing $1.2 million generally won't qualify for SBA programs. However, if you're adding $500,000 building expansion, the combined financing of $1.7 million may qualify.

Conventional commercial refinancing is more accessible without requiring substantial additional investment, though rates and terms may be less favorable than original SBA program structures.

How long does commercial real estate financing take?

Typical timelines from application to closing:

SBA 7(a) and 504: 60-75 days for straightforward transactions, up to 90 days for complex properties or situations requiring additional due diligence.

Conventional commercial financing: 35-50 days depending on lender and property specifics.

Timeline assumes complete documentation, responsive borrower and seller, and no significant property issues discovered during appraisal or environmental review.

Delays typically stem from incomplete documentation, restricted property access for appraisers, title problems, or environmental concerns requiring remediation plans.

What if one bank declines my commercial real estate loan application?

Single bank decline doesn't determine your overall qualification for commercial real estate financing.

Banks decline applications for multiple reasons beyond borrower qualification: Property type doesn't match current lending focus. Transaction size falls outside preferred range. Local market concentration limits additional exposure. Recent portfolio losses in similar property types create temporary avoidance.

We've closed hundreds of transactions after initial bank declines—not because we changed the borrower's qualifications, but because we matched the transaction with lenders whose criteria aligned with the deal specifics.

One decline is a data point. It's not a verdict.

Can newer businesses qualify for commercial real estate financing?

Difficult with less than two years operating history, though not impossible with exceptional circumstances.

Businesses with 12-24 months operations may qualify with:

• Higher down payment (15-20%)

• Stronger personal credit (700+)

• Substantial industry experience prior to business launch

• Strong financial performance and customer contracts

• Comprehensive business plan demonstrating market position

Most lenders strongly prefer two years business tax returns demonstrating consistent profitability. Exceptions exist but require compelling compensating factors beyond just "business is doing well."

What happens if the property doesn't appraise for purchase price?

Appraisal shortfalls create financing obstacles because lenders will only finance based on appraised value, not purchase price.

Example: Purchase price $2 million, appraisal comes in at $1.8 million. Lender will only finance $1.8 million (or applicable percentage based on LTV requirements).

Options when appraisal comes in low:

• Renegotiate purchase price with seller based on appraisal

• Increase down payment to cover shortfall

• Challenge appraisal if methodology or comparables are questionable

• Walk away from transaction if financing gap can't be resolved

We work with appraisers who understand commercial properties and provide detailed comparable analysis. Most appraisal issues can be anticipated during initial property evaluation, allowing problems to be addressed proactively rather than surprising everyone three weeks into the transaction.

Ready to Purchase Your Metro Detroit Commercial Real Estate?

Every month you pay rent is another month building someone else's equity instead of your own. Every lease renewal is another negotiation where you have no leverage. Every landlord restriction is another limitation on how you run your business.

Commercial real estate ownership changes all of that.

LVRG facilitates commercial real estate financing for Michigan businesses ready to stop renting and start building equity through property ownership.

Here's what happens next:

Call (855) 998-LVRG right now. We'll spend 15-20 minutes understanding your property acquisition plans, reviewing your business and credit profile, and explaining whether commercial real estate financing makes sense for your situation.

If we can help, you'll have a financing structure and timeline by tomorrow.

If we can't help currently, we'll explain exactly why and what would need to change to make financing viable.

No generic presentations. No pressure tactics. Just straight answers about your specific situation and whether we can execute the financing you need.

Michigan businesses purchase commercial real estate through LVRG because we deliver what others promise: execution that actually happens when timeline matters.

Contact LVRG:

📞 (855) 998-5874 Monday-Friday, 9am-6pm EST

📧 cbarr@lvrgllc.com 24-hour response

🌐 LVRGFUNDING.com/apply

Charles M. Barr CEO | LVRG Business Funding Michigan's Business Financing Authority

📱 (855) 998-LVRG 📧 cbarr@lvrgllc.com 🌐 LVRGFUNDING.com

Michigan Based | Nationwide Reach

LVRG Business Funding is a loan broker facilitating commercial real estate financing through institutional lending partners. All loans subject to credit approval. NMLS disclosure and licensing information available upon request.

USDA Loans Michigan | Rural Business Financing $2M-$100M | SBA Loans for Small Towns

USDA Loans Michigan | Rural Business Financing $2M-$100M | SBA Loans for Small Towns

How Small Towns Across Michigan Can Access Millions in Government-Backed Business Financing

If you own a business in rural Michigan, this might be the most important article you read this year.

While most business owners in small-town Michigan assume government financing is only available to big-city businesses or Fortune 500 companies, the truth is exactly the opposite. The federal government has specifically designed loan programs to fuel growth in rural America—and Michigan businesses are prime candidates.

From Traverse City to the Thumb, from Southwest Michigan's agricultural heartland to Northern Michigan's manufacturing hubs, rural business owners across our state can now access $2 million to $100 million in government-backed financing through USDA Business & Industry loans, Community Facilities loans, Rural Energy programs, and SBA loan products.

Here's what makes this extraordinary: These aren't theoretical programs buried in government bureaucracy. These are real, active financing solutions that Michigan businesses are using right now to:

• Purchase and expand manufacturing facilities

• Acquire farmland and agricultural operations

• Build community healthcare facilities and assisted living centers

• Install solar, wind, and renewable energy systems

• Modernize dairy processing plants

• Expand food processing operations

• Finance major equipment purchases

And here's the best part: LVRG has direct access to lenders actively funding these programs—and our services are completely free to you. We handle the complexity, match you with the right lender, and get your deal approved and funded in a fraction of the time it would take going bank-to-bank on your own.

Why Rural Michigan Businesses Have a Massive Financing Advantage Right Now

Let's start with a reality check: If you operate a business in a USDA-designated rural area of Michigan (which covers approximately 97% of the state), you have access to government loan programs that urban businesses simply cannot qualify for.

This isn't a small advantage—it's a game-changer.

While Metro Detroit businesses are limited to SBA loans topping out at $5 million, rural Michigan businesses can access:

• USDA Business & Industry Loans: $2M to $25M for business expansion, acquisitions, and equipment

• USDA Community Facilities Loans: $2M to $100M for healthcare, education, and community infrastructure

• USDA Rural Energy for America Loans: $2M to $25M for renewable energy and energy efficiency projects

• SBA 7(a) Loans: $150K to $5M for working capital, real estate, and business acquisitions

• SBA 504 Loans: Up to $20M+ for real estate and equipment (especially with green energy projects)

Translation: If you're a manufacturer in Holland, a dairy farmer in St. Johns, a food processor in Ithaca, a healthcare provider in Petoskey, or a nonprofit in Adrian, you have financing options that most business owners don't even know exist.

Understanding USDA Rural Designation: Does Your Michigan Business Qualify?

First question: Is your business located in a USDA-designated rural area?

The answer for most Michigan businesses: YES.

USDA defines "rural" as any area outside of cities with populations over 50,000. This means that 97% of Michigan's geography qualifies, including thriving small towns and regional business hubs across the state.

Michigan communities that qualify for USDA financing include:

Northern Michigan:

• Traverse City area

• Petoskey and Harbor Springs

• Cadillac

• Gaylord

• Charlevoix

West Michigan (Outside Metro Grand Rapids):

• Holland

• Muskegon (portions)

• Big Rapids

• Ludington

• Manistee

• Fremont

• Newaygo

Central Michigan:

• Mount Pleasant

• Alma

• St. Johns

• Ithaca

• Clare

• Greenville

• Owosso

The Thumb Region:

• Bad Axe

• Caro

• Sandusky

• Port Austin

• Caseville

• Harbor Beach

• Marlette

Southeast Michigan (Outside Metro Detroit):

• Adrian

• Tecumseh

• Hudson

• Blissfield

• Manchester

• Saline (portions)

• Chelsea

• Dexter

• Milan

• Brighton (portions)

• Howell (portions)

• Monroe (portions)

Southern Michigan:

• Jackson

• Hillsdale

• Coldwater

• Albion

• Jonesville

• Reading

• Litchfield

Southwest Michigan:

• Constantine

• Sturgis

• Dowagiac

• Three Rivers

• Paw Paw

• South Haven

• Allegan

• Plainwell

And dozens of other communities across the state.

Not sure if you qualify? We'll verify your USDA eligibility in minutes during our free consultation—and if you don't qualify for USDA programs, you likely still qualify for SBA financing.

Important clarification: The urban cores of Metro Detroit—including Detroit, Dearborn, Warren, Sterling Heights, Pontiac, Troy, and other major cities in Wayne, Oakland, and Macomb counties—do not qualify for USDA rural programs. However, these businesses still qualify for SBA financing with loan amounts from $150K to $5M+. For comprehensive SBA loan options in Metro Detroit and throughout Michigan, see our main SBA loans page.

USDA Business & Industry Loans: $2M-$25M for Rural Business Growth

What It Is

The USDA Business & Industry (B&I) Loan Program is designed specifically to create and preserve employment in rural America by providing capital for business expansion, modernization, and development.

Loan amounts: $2 million to $25 million per borrower
Terms: Up to 30 years (real estate), up to 15 years (equipment), up to 7 years (working capital)
Interest rates: Competitive, negotiated with lender
Guarantee: USDA guarantees up to 80% of the loan

Who Benefits

Michigan businesses perfect for B&I loans:

Manufacturing Operations:

• Tool and die shops expanding production capacity

• Food processing facilities purchasing equipment or expanding operations

• Metal fabrication companies acquiring buildings

• Wood products manufacturers modernizing facilities

• Plastics manufacturers expanding into new markets

Agricultural Businesses:

• Dairy processors building new facilities

• Grain elevators and processing operations

• Livestock operations expanding capacity

• Specialty crop processors (cherries, apples, blueberries)

• Agricultural equipment dealers and service providers

Business Services:

• Rural business parks and industrial developments

• Wholesale and distribution operations

• Business-to-business service providers

• Rural technology companies

Approved Uses

USDA B&I loans can finance:

• Purchase of land, buildings, and real estate

• Construction of new facilities or expansion of existing operations

• Purchase of machinery and equipment

• Working capital for operations and inventory

• Business acquisitions (buying existing companies)

• Refinancing of existing debt under certain conditions

Real Michigan Examples

Dairy Processing (St. Johns): A multi-million dollar dairy processing facility in St. Johns processes over 2.9 billion pounds of milk annually, producing 300+ million pounds of cheese and 20 million pounds of whey protein powder. This world-class operation employs 260 people and wouldn't exist without government-backed financing for rural businesses.

Food Manufacturing (Holland): Request Foods operates three production facilities totaling 903,000 square feet in Holland, Michigan. The company has expanded multiple times using government financing, creating hundreds of jobs in West Michigan.

Soybean Processing (Ithaca): ZFS Ithaca is Michigan's largest soybean processor with a 45-million-bushel-per-year capacity. This operation keeps agricultural revenue in rural Michigan rather than shipping raw materials out of state.

These aren't small deals—they're transformational investments that changed entire communities. And they were all made possible by rural business financing.

USDA Community Facilities Loans: $2M-$100M for Essential Services

What It Is

The USDA Community Facilities program provides financing for essential community infrastructure in rural areas, including healthcare, education, public safety, and community services.

Loan amounts: $2 million to $100 million per borrower
Terms: Up to 40 years
Interest rates: Fixed rates based on Treasury yields
Guarantee: USDA direct loans or guaranteed loans through approved lenders

Who Benefits

Michigan organizations perfect for Community Facilities loans:

Healthcare & Senior Living:

• Hospitals and medical centers in rural communities

• Assisted living facilities

• Nursing homes and memory care facilities

• Dental and medical clinics

• Veterinary clinics serving agricultural communities

Educational Facilities:

• Private schools and academies

• Daycare and childcare centers

• Technical training centers

• Community colleges (certain projects)

Public Services:

• Fire stations and emergency services

• Community centers and libraries

• Parks and recreational facilities

• Public safety infrastructure

Nonprofit Organizations:

• Nonprofit community service organizations

• Faith-based community facilities

• Museums and cultural centers

Why This Matters for Michigan

Rural Michigan communities often struggle to attract private investment for essential services. Community Facilities loans fill this gap, enabling:

• Healthcare access in underserved areas

• Senior care facilities in aging rural communities

• Childcare services that enable parents to work

• Educational facilities that retain young families

Approved Uses

• Construction of new facilities

• Purchase of existing buildings

• Renovation and expansion of facilities

• Equipment purchases for community facilities

• Refinancing of existing debt (under certain conditions)

USDA Rural Energy for America Program (REAP): $2M-$25M for Energy Projects

What It Is

The Rural Energy for America Program (REAP) provides financing specifically for renewable energy systems and energy efficiency improvements in rural businesses and agricultural operations.

Loan amounts: $2 million to $25 million per borrower
Terms: Up to 30 years
Focus: Renewable energy and energy efficiency
Guarantee: USDA guarantees up to 75% of the loan

Who Benefits

Michigan businesses and farms perfect for REAP financing:

Solar Energy Projects:

• Agricultural operations installing solar arrays

• Manufacturing facilities reducing energy costs with solar

• Food processors leveraging solar for operations

• Commercial buildings adding solar capacity

Wind Energy:

• Farms installing wind turbines

• Rural businesses with wind generation capacity

• Agricultural operations in wind-rich areas

Energy Efficiency Upgrades:

• High-efficiency HVAC systems

• LED lighting retrofits

• Building insulation and envelope improvements

• Energy-efficient refrigeration and processing equipment

Biogas & Renewable Fuel:

• Anaerobic digesters for dairy operations

• Biomass energy systems

• Renewable fuel production facilities

Why REAP Matters for Rural Michigan

Energy costs are a massive expense for rural Michigan businesses—especially agricultural operations, food processors, and manufacturers. REAP financing enables businesses to:

• Slash energy costs by 20-50% through solar and efficiency upgrades

• Generate revenue by selling excess solar power back to the grid

• Lock in energy prices and protect against future rate increases

• Access sustainability incentives and tax benefits

• Reduce carbon footprint while improving profitability

Michigan's Renewable Energy Opportunity

Michigan has significant renewable energy potential:

• Solar: Michigan receives more sunlight annually than solar-heavy states like Germany

• Wind: Western and northern Michigan have excellent wind resources

• Biomass: Agricultural waste and forestry byproducts provide biomass fuel

• Geothermal: Ground-source heat pumps work exceptionally well in Michigan's climate

REAP financing makes these projects financially viable for businesses that couldn't afford the upfront capital investment.

SBA Loans for Rural Michigan: When USDA Isn't the Right Fit

Not every rural Michigan business qualifies for USDA programs—but that doesn't mean you're out of options. SBA loans provide flexible, long-term financing for businesses that:

• Need less than $2 million (USDA minimums are typically higher)

• Operate in industries not covered by USDA programs

• Prefer the versatility of SBA 7(a) loans

• Want fixed-rate SBA 504 financing for real estate

SBA 7(a) Loans: Maximum Flexibility for Any Business Purpose

Loan amounts: $150,000 - $5,000,000
Terms: Up to 25 years
Uses: Almost any business purpose

Perfect for:

• Rural manufacturers needing working capital

• Service businesses in small towns

• Restaurants and hospitality in rural tourism areas

• Retail operations in rural communities

• Professional services (accounting, legal, consulting)

Common uses in rural Michigan:

• Business acquisitions (buying competitors or suppliers)

• Commercial real estate purchases

• Equipment financing

• Working capital and expansion

• Debt refinancing

Ready to Explore USDA Financing for Your Rural Michigan Business?

If you operate in a USDA-designated rural area and need substantial growth capital, USDA programs could provide the long-term, competitive financing your business needs.

Call (855) 998-5874

Speak with a rural business financing specialist who can verify your USDA eligibility and explain your options.

Or continue reading to learn about SBA loan options available to rural Michigan businesses, plus how LVRG's process makes government financing simple and fast.

SBA 504 Loans: Fixed-Rate Real Estate & Equipment

SBA portion: Up to $5.5 million per project
Total financing: No maximum (projects can exceed $20M with green energy)
Terms: 10, 20, or 25 years (fixed rate)

Perfect for:

• Rural manufacturers purchasing facilities

• Agricultural businesses buying land and buildings

• Food processors expanding operations

• Renewable energy projects (enhanced green loan limits)

SBA 504 Green Energy Advantage:

Rural Michigan businesses incorporating renewable energy or energy efficiency improvements can access:

• $5.5 million per green project (vs. $5M standard)

• No aggregate limit on green loans

• Qualify by: Reducing energy use 10%, generating 15%+ renewable energy, or sustainable design

This is huge for rural Michigan: A food processor installing solar could finance a $15-20 million facility expansion using multiple green 504 loans—something impossible with conventional financing.

SBA Express: Fast Capital Up to $500K

Loan amounts: Up to $500,000
Timeline: Faster approval than standard SBA loans
Uses: Working capital, equipment, inventory

Perfect for:

• Seasonal businesses needing quick capital

• Rural businesses with time-sensitive opportunities

• Equipment purchases under $500K

Michigan's Rural Business Landscape: Industries We Serve Statewide

Michigan's rural economy is remarkably diverse, extending far beyond traditional agriculture into advanced manufacturing, food processing, healthcare, and renewable energy. From the farmlands of Southeast Michigan to Northern Michigan's manufacturing hubs, from the fruit belt along Lake Michigan to the agricultural heartland of the Thumb—rural businesses across our entire state drive economic growth and community prosperity.

Agriculture & Food Production: From the Thumb to Southwest Michigan

Michigan's agricultural industry generates $125 billion annually and employs nearly 1 million people—about 25% of the state's workforce. Rural Michigan produces over 300 agricultural commodities, making it the second-most agriculturally diverse state in the nation.

Regional agricultural strengths across Michigan:

Southeast Michigan (Lenawee, Monroe, Washtenaw counties):

• Corn and soybeans (major production region)

• Wheat and grain farming

• Livestock and dairy operations

• Specialty crops and farmers markets

• Lenawee County is a major agricultural hub with extensive corn, soybean, wheat, and livestock operations—perfect candidates for USDA Business & Industry loans and REAP renewable energy financing

Southern Michigan (Jackson, Hillsdale counties):

• Diverse crop production

• Dairy farming

• Agricultural services and equipment

• Jackson County manufacturers and food processors frequently use USDA financing to expand operations and modernize facilities

Southwest Michigan (Van Buren, Allegan, St. Joseph counties):

• Blueberries (#3 nationally)

• Wine grapes (140+ commercial wineries)

• Apples and orchard fruits

• Specialty crops and agritourism

The Thumb (Huron, Sanilac, Tuscola counties):

• Dry beans (#1 nationally for black beans, cranberry beans)

• Sugar beets (major production)

• Grain farming and storage

• Dairy operations

West Michigan:

• Asparagus (#1 nationally)

• Cucumbers (#1 for pickling)

• Tart cherries (#1 nationally - 65% of U.S. production)

• Dairy and livestock

Central Michigan:

• Dairy processing hub (St. Johns, Ithaca)

• Soybean processing

• Corn and grain production

Northern Michigan:

• Specialty crops and organic farming

• Livestock operations

• Forestry and timber

• Agritourism

Top commodities across Michigan:

• Dairy: 6th in the nation, 11.4 billion pounds annually

• Dry beans: #1 nationally for black beans, cranberry beans, and small red beans

• Blueberries: #3 nationally

• Tart cherries: #1 nationally (65% of U.S. production)

• Apples: Major producer with $700M+ economic impact

• Cucumbers: #1 for pickling, #3 for fresh market

• Asparagus: #1 nationally

• Corn and soybeans: Over 2 million acres planted

USDA financing is perfect for:

• Dairy operations expanding herds or building facilities

• Fruit and vegetable growers purchasing land or equipment

• Grain operations building storage and processing capacity

• Livestock operations modernizing facilities

Food Processing & Manufacturing

Michigan is home to over 2,000 food processors generating more than $23 billion in economic activity. Rural Michigan communities host major food processing operations serving national and global markets.

Key rural food processing hubs:

Holland (West Michigan): Request Foods operates 900,000+ square feet of production space, producing prepared entrees and skillet meals for major retailers.

St. Johns (Central Michigan): Michigan's largest cheese and whey protein facility processes 2.9 billion pounds of milk annually.

Constantine (Southwest Michigan): Dairy processing facilities reducing carbon footprint while creating rural jobs.

Ithaca (Central Michigan): Michigan's largest soybean processor with 45-million-bushel annual capacity.

Jackson (Southern Michigan): Food processing and distribution operations serving regional markets.

Adrian (Southeast Michigan): Agricultural processing and manufacturing hub in Lenawee County.

Lexington, Standish, and other communities across the state host expanding food processing operations.

USDA financing enables:

• Facility expansion and modernization

• Equipment purchases and upgrades

• Business acquisitions and consolidation

• Working capital for inventory and operations

Manufacturing & Industrial Operations Across Michigan

Rural Michigan has a strong manufacturing heritage, with operations distributed across the entire state—not just concentrated in Metro Detroit or Grand Rapids.

Common rural manufacturing sectors throughout Michigan:

• Metal fabrication and machining (Jackson, Adrian, Holland)

• Automotive suppliers (throughout Southern and Central Michigan)

• Industrial equipment manufacturers (statewide)

• Plastics and composites (West and Southwest Michigan)

• Wood products and furniture (Northern Michigan)

• Building materials (statewide)

• Agricultural equipment and services (rural communities statewide)

Government financing supports:

• Facility purchases and expansions

• Advanced manufacturing equipment

• Automation and technology upgrades

• Business acquisitions

Healthcare & Senior Services in Rural Communities

As Michigan's rural population ages—particularly in Southeast Michigan, Northern Michigan, and throughout the state—demand for healthcare and senior living facilities continues to grow across all rural areas. USDA Community Facilities loans are specifically designed to finance these essential services.

Growing opportunities:

• Assisted living and memory care facilities

• Rural hospitals and medical centers

• Dental and veterinary clinics

• Nursing homes and rehabilitation centers

With loan amounts up to $100 million, Community Facilities financing makes large-scale healthcare infrastructure projects possible in rural Michigan communities.

Renewable Energy & Sustainability

Michigan's rural businesses are increasingly turning to renewable energy to reduce costs and improve sustainability. REAP financing makes these projects economically viable.

Active projects:

• Solar arrays on agricultural operations

• Wind generation on farms and rural businesses

• Energy efficiency upgrades for food processors

• Anaerobic digesters for dairy operations

• Biomass energy systems

How Rural Michigan Businesses Can Actually Get These Loans (Without the Bureaucratic Nightmare)

Let's be honest: Government loan programs sound great in theory, but the reality is often a confusing maze of paperwork, unclear requirements, and banks that don't understand rural business financing.

Here's where LVRG changes the game.

We've built strategic partnerships with lenders who actively fund USDA and SBA loans for rural businesses. We know which banks specialize in dairy operations, which ones excel at manufacturing deals, and which ones have experience with renewable energy projects.

More importantly: we handle the complexity for you.

The LVRG Process for Rural Business Financing

Step 1: Free Consultation & Program Selection

We start by understanding your business, your location, and your capital needs. We'll:

• Verify your USDA eligibility (if applicable)

• Determine which program best fits your situation

• Identify potential qualification issues before they become problems

• Give you an honest assessment of approval likelihood

Step 2: Lender Matching & Application Preparation

We submit your deal to the optimal lender from our network—banks that understand rural business financing and move quickly. We handle:

• Complete application preparation

• Financial statement packaging

• Business plan development (if needed)

• Pre-underwriting to anticipate lender questions

Step 3: Underwriting Support & Deal Management

Once submitted, we stay actively involved throughout the process:

• Respond to lender questions immediately

• Provide additional documentation quickly

• Troubleshoot issues before they derail the deal

• Keep all parties coordinated and moving forward

Step 4: Approval & Funding

Most deals are approved and funded in 45-90 days for USDA loans, 30-45 days for SBA loans. Compare that to 6+ months (or never) with banks that don't specialize in government-backed rural financing.

Why Work with LVRG Instead of Going Directly to Banks?

We're the platform Michigan banks and agricultural lenders refer their clients to when they need USDA or rural SBA financing. Local community banks know we have the specialized lender relationships and expertise to get rural business financing done that they simply can't handle themselves.

Access to specialized lenders: Most local banks don't actively fund USDA loans or understand rural business financing. We work with lenders who do this every day.

Speed: Our lenders prioritize government-backed loans and have streamlined processes. You won't wait months for responses.

Expertise: We've closed hundreds of government-backed loans for rural businesses. We know how to structure deals for approval.

No cost to you: We're compensated by our lending partners, so our services are 100% free to business owners.

Better terms: Because of our volume and relationships, our clients often receive preferential pricing and terms.

Rural Michigan Success Stories: Real Businesses, Real Financing

Dairy Processing Expansion – Central Michigan

The Challenge: A dairy cooperative in central Michigan needed to build a $40 million processing facility to handle increased milk production from member farms. Local banks couldn't handle a deal of this size for a rural cooperative.

The Solution: USDA Business & Industry financing provided the long-term capital needed. The facility now processes billions of pounds of milk annually, employs hundreds of people, and keeps agricultural revenue in Michigan.

The Impact: Member farmers have a guaranteed local market for their milk, eliminating the need to ship out of state. The community gained a major employer and economic anchor.

Food Manufacturing Growth – West Michigan

The Challenge: A food processing company in Holland needed to expand operations to meet growing demand from national retailers. The expansion required purchasing additional real estate and installing specialized equipment.

The Solution: Combination of USDA B&I financing and SBA 504 loans enabled the expansion without draining working capital.

The Result: The company added 198 jobs, expanded to multiple facilities totaling over 900,000 square feet, and became a major regional employer.

Solar Installation – Northern Michigan

The Challenge: A large agricultural operation in northern Michigan was spending $40,000+ annually on electricity. Solar would provide long-term savings but required $850,000 in upfront capital.

The Solution: USDA REAP financing covered the solar installation with a 25-year term, making monthly payments lower than previous electricity costs.

The Result: Immediate positive cash flow, 40% reduction in energy costs, and protection against future rate increases. The system will pay for itself in 12 years and then generate pure savings for decades.

Manufacturing Acquisition – Thumb Region

The Challenge: A metal fabrication company in the Thumb wanted to acquire a competitor to eliminate competition and gain additional capacity. The acquisition required $3.2 million but banks were hesitant about financing a rural manufacturing deal.

The Solution: SBA 7(a) loan structured as a business acquisition with a 25-year term.

The Result: The acquisition doubled the company's revenue, eliminated their primary competitor, and positioned them as the dominant provider in their market. They've since added 25 employees.

Community Healthcare Facility – Southeast Michigan

The Challenge: A rural community in Southeast Michigan needed a new assisted living facility to serve an aging population. The $15 million project couldn't secure conventional financing.

The Solution: USDA Community Facilities loan provided the long-term, fixed-rate financing needed for the project.

The Result: The facility now serves 120 residents, employs 85 people, and provides essential healthcare services that keep seniors in their community rather than relocating to larger cities.

Common Questions About Rural Michigan Business Financing

How do I know if my business qualifies for USDA programs?

Generally, you must be located in a community with a population under 50,000. About 97% of Michigan qualifies. We can verify your eligibility in minutes during a free consultation.

What if I don't qualify for USDA programs?

You likely still qualify for SBA financing, which offers flexible terms and substantial loan amounts. We help you access whichever program is the best fit.

Are interest rates competitive with conventional financing?

Yes. USDA and SBA rates are typically competitive with (or better than) conventional commercial loans, especially when you factor in the longer terms and lower down payments.

How long does the process take?

USDA loans typically take 45-90 days from application to funding. SBA loans are faster at 30-45 days. This is substantially faster than most banks can deliver.

Can I use government financing to refinance existing debt?

In many cases, yes—especially if you're also using proceeds for expansion, equipment, or other business purposes. We'll evaluate your specific situation.

Do I need perfect credit?

No, but you do need reasonable credit and demonstrated ability to repay. We typically look for credit scores of 650+ and profitable business operations.

What industries do you work with?

We work across virtually all rural industries: agriculture, food processing, manufacturing, healthcare, renewable energy, and more. If you're in rural Michigan and operating a legitimate business, we can likely help.

Can nonprofits and healthcare organizations get USDA financing?

Yes! USDA Community Facilities loans (up to $100M) are specifically designed for rural healthcare facilities, schools, community centers, and nonprofit organizations serving rural communities.

Does LVRG charge fees?

No. Our services are 100% free to business owners. We're compensated by our lending partners on the backend.

I'm not in Michigan—can you still help?

Yes. While we're headquartered in Michigan and specialize in Michigan businesses, we fund USDA and SBA loans nationwide through our national lender network.

The Bottom Line: Rural Michigan's Competitive Advantage

Here's what this all comes down to:

If you operate a business in rural Michigan, you have access to financing programs that urban businesses don't. You can access larger loan amounts (up to $100 million for community facilities), longer terms, and programs specifically designed to support businesses like yours.

But only if you know how to navigate the process.

Most rural business owners never access these programs because:

• They don't know they exist

• They assume they won't qualify

• They contact banks that don't understand rural financing

• They get lost in bureaucratic complexity and give up

That's where LVRG eliminates the barriers.

We have the lender relationships, the expertise, and the track record to get your rural Michigan business financed—whether you need $200,000 for equipment or $20 million for a facility expansion, or $100 million for a community healthcare facility.

We've helped:

• Dairy operations finance processing facilities

• Manufacturers acquire competitors

• Food processors expand capacity

• Agricultural businesses install renewable energy

• Healthcare providers build essential facilities

• Rural communities develop critical infrastructure

And we can help you.

Ready to Access Government Financing for Your Rural Michigan Business?

Stop letting financing constraints hold back your growth. Whether you're in Traverse City or the Thumb, Southeast Michigan or Southwest Michigan, LVRG can connect you with the capital you need to expand, modernize, or transform your business.

Call Now: (855) 998-5874

Speak directly with a government lending specialist who understands rural Michigan business financing.

Or Click Below to Get Started:

[APPLY NOW - Get Your Free Consultation]

Complete our simple online application and receive a response within 24 hours. We'll review your situation, determine which programs you qualify for, and outline your best financing options.

Remember: Our services are 100% FREE. You pay nothing. We're compensated by our lending partners, so you get expert guidance, faster approvals, and better terms at zero cost to you.

Your rural Michigan business has a competitive advantage—use it.

Call (855) 998-5874 or apply online now.

Pure Michigan. Serious Business.

Pure Michigan means more than beautiful scenery, it's a business philosophy that most people completely miss. Here's what I've discovered after two decades working with some of Michigan's most successful companies...

When most people hear "Pure Michigan," they think of pristine lakes, endless forests, and those iconic tourism commercials that make you want to pack up and head north for the weekend. And honestly? That's exactly what the state wants you to think about.

But after spending over two decades funding thousands of mid-market businesses across the state, I've discovered something that doesn't make it into those beautiful commercials. Michigan is home to some of the most serious, capable, and resilient business owners in America.

The Michigan I Know

The Michigan I work with every day isn't about scenic drives and cozy cabins. It's about the tool and die manufacturer in Clinton Township who's been perfecting precision parts since 1979. It's the concrete company in Battle Creek that just secured a multi-million dollar municipal contract. It's the excavating contractor in Warren who can move massive amounts of earth and does it with a crew that shows up at 5 AM without being asked.

These are the business owners who call me when they're ready to make their next big move. They're not looking for hand-holding or lengthy committee meetings. They need strategic capital, they need it structured right, and they need it fast enough to capture the opportunity in front of them.

What I've learned over $1 billion in financing is that Michigan businesses operate differently than companies in other states. There's a practical, get-it-done mentality here that comes from generations of building things, fixing things, and making things work. When a Michigan business owner tells you they can handle a project, you can take that to the bank.

Pure Opportunity Meets Pure Execution

The Michigan Economic Development Corporation has done incredible work positioning our state as a destination for business growth. Their "Make It in Michigan" strategy highlights everything from our skilled workforce to our strategic location to our business-friendly climate. They're absolutely right about all of it.

But here's what I see from my side of the table: all of that opportunity means nothing without the right business financing partner who understands how Michigan businesses actually operate.

When a major aerospace manufacturer decides to expand their Michigan operations, or when a West Coast supplier wants to establish their Midwest hub in Holland, or when a local contractor is ready to scale from regional to statewide, those are the moments when Michigan's advantages become real competitive differentiators. That's also when having a financing partner who thinks like a business owner, not just a lender, becomes absolutely critical.

The Stories That Matter

I could tell you about the $13.2 million equipment financing deal we structured for a Holland manufacturing plant that needed to retool for next-generation automotive components. Or the $2.8 million working capital facility we provided to an Auburn Hills metal fabrication company that was ready to triple their production capacity.

But the numbers, impressive as they are, only tell part of the story.

What really matters is understanding that the Holland manufacturer wasn't just buying equipment, they were making a generational investment in their company's future. The Auburn Hills fabricator wasn't just expanding capacity, they were positioning themselves to become the go-to supplier for an entire industry vertical.

These business owners don't think in quarters or fiscal years. They think in decades. They build companies that their kids and grandkids can be proud of. That's not just Pure Michigan, that's pure business done right.

What Pure Michigan Business Really Means

Over the years, I've had the privilege of working with businesses across virtually every industry you can imagine. Manufacturing and industrial operations, obviously, that's the backbone of Michigan's economy. Construction companies that build everything from single-family homes to massive infrastructure projects. Tool and die shops that create the precision components other industries depend on.

But I've also financed food processing companies, aviation companies, medical device manufacturers, agricultural operations, and transportation companies that are quietly building their industries from right here in Michigan.

What connects them all isn't the industry they're in, it's the way they approach business. Michigan companies are remarkably practical. They focus on solving real problems for real customers. They value long-term relationships over short-term transactions. They understand that your word is your bond, and they operate accordingly.

This isn't romantic nostalgia, it's a genuine competitive advantage. In a world where everything seems temporary and transactional, Michigan businesses are built to last.

Beyond the Tourism Tagline

Don't get me wrong, I love Michigan's natural beauty as much as anyone. There's something magical about driving through small towns like Traverse City or Charlevoix in the fall, visiting a local cider mill for fresh donuts and warm cider while surrounded by the most incredible colors you'll ever see. The lakes are pristine, the skiing is fantastic, and places like the Leelanau Peninsula offer views that rival anywhere in the country. There's something special about this state that goes far beyond business opportunities. The quality of life here is exceptional. The cost of living is reasonable. The seasons actually change, which gives you perspective on cycles and timing that you can't get in climates where every day feels the same.

But when I talk about Pure Michigan in a business context, I'm talking about something deeper. I'm talking about a place where handshake deals still mean something. Where business owners show up when they say they will. Where quality isn't just a marketing term, it's a standard that everyone understands and respects.

This is why LVRG has built such strong relationships across the state over the past 20 years. We understand that Michigan businesses aren't just looking for capital, they're looking for partners who share their values and understand their approach to building something meaningful.

The Partnership Difference

As a boutique financing firm, we've never tried to be everything to everyone. Instead, we've focused on becoming the business financing partner that serious Michigan business owners turn to when they're ready to accelerate their growth.

That means understanding that the $179,000 working capital facility for a Shelby Township roofing contractor is just as important as the $4.9 million SBA loan for a Midland tool and die manufacturer. It means structuring deals that make sense for the business, not just the bank. It means being available when opportunities arise, because in business, timing isn't just important, it's everything.

Whether it's working capital to capitalize on immediate growth opportunities and everyday business expenses, equipment financing to acquire heavy machinery that enables bigger projects and increased output, or SBA loans for major expansion projects, we approach every relationship with the same philosophy: understand the business, structure the solution, and deliver results.

Looking Forward

Michigan's economic development story is far from over. If anything, we're just getting started. The combination of strategic location, skilled workforce, business-friendly policies, and that distinctly Michigan approach to getting things done creates opportunities that smart business owners are already capitalizing on. Add in charming small towns like Harbor Springs and Petoskey, world-class wineries, and some of the most beautiful lakefront property in America, and you understand why talented people want to build their careers here.

The manufacturers who are reshoring operations from overseas. The power generation companies that are investing in modern energy systems to support the deployment of technologies for AI, crypto, and expanding industrial demand. The construction firms that are benefiting from infrastructure investments across the state. The aerospace and defense contractors who are positioning Michigan as a critical part of America's industrial base.

These aren't trends or temporary shifts, they're fundamental changes that create lasting competitive advantages for businesses that are positioned to take advantage of them.

Pure Michigan. Serious Business.

At the end of the day, Pure Michigan isn't just about what you see in those beautiful commercials, though the lakes and forests are pretty spectacular. It's about a place where serious business owners can build serious companies that create real value for their customers, their communities, and their families.

It's about understanding that the best business opportunities often come from focusing on fundamentals, quality products, reliable service, fair pricing, and long-term relationships. It's about building companies that can weather economic storms because they're grounded in something more substantial than quarterly earnings reports.

For over two decades, LVRG has been honored to serve as the business financing partner for businesses that embody these values. We've helped finance the next chapter of growth for companies across Michigan's 83 counties, and we've seen firsthand what makes this state special.

Pure Michigan isn't just a tourism slogan, it's a business philosophy. And for those who understand that philosophy, the opportunities are truly extraordinary.

Charles M. Barr is the Founder and CEO of LVRG Business Funding, a Michigan-based boutique financing firm that has facilitated over $1 billion in strategic capital for more than 10,000 businesses nationwide. LVRG specializes in working capital financing, SBA loans, and equipment financing for growth-focused mid-market businesses with deal sizes $50K-$50M+.