Michigan business funding. contact the desk, compare real offers.

What happens after you apply?

1. One application, one file.

   Send one application with your recent business bank statements. That gives us one file, instead of the same paperwork at every funder.

2. A person reads the file.

   Revenue, existing positions, industry and time in business. If something is missing, we ask before anything goes out.

   Sent only where it fits.

   The file goes to funders whose stated criteria match it. It does not go to every name on a list, so your file is not sprayed around.

3. You compare and choose.

   Offers come back with each funder's terms, side by side: amount, cost, term and payment structure. Accepting is your decision.

How are Michigan's cities changing?

Detroit grew 1.5% to 649,095 in the latest estimates, a turn after decades of decline. Grand Rapids, second at 201,183, rose 1.2%.

Many of the inner suburbs lost people: Dearborn fell 4.0%, Westland 3.6% and Livonia 3.1%. Troy grew 1.6%, and Flint fell 2.4%.

How do advances fit Michigan's supplier and repair businesses?

Michigan files carry the auto industry's cycle. When model changeovers, strikes or plant retooling slow production, suppliers and even some retailers see it in their deposits.

The desk looks for those dips before matching a Michigan file.

Michigan tool and die shops

The 12,192 Michigan manufacturing establishments include many small tool, die and fixture shops paid on long terms by larger suppliers. A new program launch can require material and overtime months before payment. An advance can bridge part of that gap; for a machine, equipment finance usually fits better. See manufacturing.

Michigan auto repair and collision shops

Michigan has 5,800 auto repair establishments. Card and insurer payments mix in these deposits, and parts bills come due sooner. A moderate first-position advance with daily or weekly remittance is common; see auto repair and the repairs use page.

Michigan independent retailers

Retail makes up 14.3% of Michigan establishments. Winter holidays lift sales and late winter often drops them, so a percentage holdback suits many of these files; the retail page covers seasonal sizing.

Michigan party stores and fuel stops

Food and beverage stores are 2.2% of Michigan establishments and gas stations 1.5%, both above the national share. Beer, wine and lottery sales raise deposits without much margin, so funders read these files on what the store keeps; see convenience stores.