Business Loans & Lines of Credit for Michigan Businesses
The business is performing. Revenue is strong. The operation is established and the trajectory is clear. What sits in front of you right now is not a question of whether you have earned the capital. Whether it is an expansion, a contract that requires capital to fulfill, an equipment investment that increases capacity, a competitor who is ready to sell, or a cash flow gap between what you are owed and what you need to pay — the real question is who structures it correctly, places it with the right institution, and delivers it at terms that reflect the strength of what you have built.
That is what a business term loan is designed for. That is what a working capital line of credit is designed for. And it is what LVRG has structured for Michigan's most established businesses, including manufacturers, contractors, commercial operators, and multi-location enterprises across every market in this state, for twenty years.
Most transactions we structure fall between $1 million and $15 million. When a deal calls for more, we structure more.
One Call. The Entire Market.
When a Michigan business owner calls their bank about a term loan or a line of credit, they get one institution's answer. One rate. One structure. One set of programs shaped by that bank's current appetite and that bank's internal credit policy. What they will never get is the one thing that actually matters: the best the market can deliver.
Twenty years of consistent deal volume has produced direct working relationships with underwriters, business development officers, and bank presidents at the most active commercial lenders in the state — the institutions with the most competitive rates, the strongest terms, and the appetite for established business relationships. Those relationships produce structures and pricing most business owners never access when they negotiate independently with a single institution.
Whether LVRG lends directly, structures the transaction through one of its banking relationships, or coordinates the financing through to closing, the outcome is the same: terms that reflect the full strength of what the business has built.
One bank is one answer. LVRG is the entire market.
The Products
Business Term Loans
A defined amount of capital, deployed for a defined purpose, repaid over a defined term at a negotiated rate. For established businesses, this is the structure behind the decisions that move the needle: expanding into a second location, purchasing equipment that increases production capacity, funding an acquisition, consolidating existing debt at a lower rate and a stronger structure, or capitalizing a growth phase that the current balance sheet was not designed to support alone.
Terms are structured around the purpose of the capital and the cash flow of the business, not around what is most convenient for the bank. Rates are negotiated through LVRG's institutional lending relationships — not posted rates, not starting rates, but rates that reflect two decades of deal volume and the banking relationships that volume has built.
Working Capital Lines of Credit
A revolving credit facility that gives an established business access to capital on demand. Draw when you need it. Repay as you collect. Draw again. Not a one-time deployment. Not a fixed repayment schedule that ignores how businesses actually operate. A facility sized to the business's revenue and cash flow cycle that functions as a permanent liquidity resource, available when opportunity appears and when operations demand it.
For businesses managing the gap between when expenses hit and when receivables arrive. For operators who need to move when a large contract comes in, when inventory must be purchased ahead of demand, when payroll and overhead continue regardless of collection timing. For the business owner who wants to operate without constraint and seize opportunities without waiting for cash flow to catch up.
Structured through Michigan's most active commercial banks via LVRG's direct institutional relationships. Rates negotiated. Terms built around how the business actually generates and manages cash.
A Note on Commercial Real Estate
When a Michigan business is acquiring its building, a working capital line of credit can be structured alongside the commercial real estate loan in the same financing — the mortgage to acquire the property, and a line behind it for renovations, improvements, or the ongoing liquidity the business needs as it grows into the space. That combination is detailed on our Commercial Real Estate Financing page.
From the Closing Table
A Shelby Township business closed a $1,500,000 term loan — growth capital structured correctly and placed at competitive terms through LVRG's banking relationships, without the complexity or timeline of a government program. That same stretch, a Canton business closed a $385,000 working capital line of credit — revolving liquidity on demand, sized to how the business actually operates, ready to deploy the moment the next opportunity appears.
In Macomb, a business acquiring a larger facility financed the purchase with a commercial real estate loan and a working capital line of credit structured behind it — the building acquired, and the capital in place for renovations and the liquidity to operate from day one. One coordinated process, the full picture handled at once.
In Birmingham, a $275,000 working capital line of credit closed for a business that needed exactly one thing: the flexibility to move fast without waiting for cash flow to catch up. Liquidity on demand. Operational freedom. The ability to operate without constraint from the day the line was in place.
Shelby Township. Canton. Macomb. Birmingham. The industries differ. The amounts differ. The structure is always the same: the right product, the right lender, the right terms, built for the business in front of us.
Make the Call.
Every business loan and line of credit engagement starts with a conversation about what the business needs, what it has built, and what the right structure looks like before any lender sees a file. It costs nothing and takes fifteen minutes.
Call LVRG directly: (855) 998-5874
Frequently Asked Questions
What can a business term loan be used for in Michigan?
Business term loans through LVRG finance expansion capital, equipment purchases, acquisition funding, hiring and team buildout, location additions, debt consolidation at a lower rate, and multi-purpose growth capital for established businesses. The purpose drives the structure: amount, term, rate, and repayment are built around what the capital is doing and how the business generates cash flow to service it.
How large is a working capital line of credit through LVRG?
Working capital lines of credit are sized to the business's revenue, cash flow cycle, and operational requirements, structured through LVRG's institutional banking relationships. Every line is built around the specific business: how it generates revenue, how it collects, and how it manages the gap between the two.
Can a working capital line of credit be combined with a commercial real estate loan?
Yes. When a Michigan business is purchasing its building, LVRG can structure a working capital line of credit alongside the commercial real estate loan — financing the acquisition while putting capital in place for renovations, improvements, and ongoing operations. A business term loan and a working capital line of credit, however, serve the same underlying need with different repayment structures, so they function as alternatives rather than a pairing. The right one depends on how the capital will be used and repaid.
Why do Michigan business owners get better loan terms through LVRG than going directly to a bank?
A single bank applies its own rates, terms, and credit appetite to every file it receives. LVRG brings the entire Michigan commercial banking market to one conversation, with direct relationships with underwriters, business development officers, and bank presidents at the most active commercial lenders in the state, built through twenty years of consistent deal volume. The difference between one institution's answer and the full market's answer is frequently a meaningful difference in rate, structure, and the terms a business carries for the life of the loan.
What does a Michigan business need to qualify for a term loan or working capital line of credit?
Established operating history of at least two years, revenue sufficient to support the requested facility, business and personal tax returns that demonstrate bankable cash flow, and a credit profile consistent with institutional bank lending standards. LVRG tells every business exactly where it stands before any application moves forward, not after a decline is already on record.
What is the difference between a business term loan and a working capital line of credit?
A business term loan delivers a defined amount of capital for a specific purpose and repays on a fixed schedule over a defined term. A working capital line of credit is a revolving facility: draw when needed, repay as cash comes in, draw again. Term loans are built for defined capital events: expansion, equipment, acquisitions, consolidation. Lines of credit are built for ongoing operational liquidity: managing cash flow cycles, moving fast on opportunity, operating without constraint. They address the same underlying need through different repayment structures, so the right choice depends on how the capital will be used and repaid — and that is exactly the conversation LVRG has with every business before anything moves forward.
The Capital Structure Behind Every Serious Michigan Business
The most established businesses think about financing the way they think about every other part of the operation: deliberately, and with a partner who has their interests at heart. A term loan for a defined move — an expansion, an acquisition, an equipment investment. A line of credit for the ongoing liquidity that keeps the operation moving. The right structure depends entirely on what the capital is doing. LVRG's job is to know the difference, recommend the one that actually fits, and place it at terms that reflect the full strength of what the business has built — as a capital partner who operates entirely on your side of the table.
Call LVRG: (855) 998-5874