Business Lending

Bank Michigan is here to help you obtain the financing you need to meet your goals and grow your business. We understand the local market you operate in, because that's where we do business too.

Partner with our commercial lending team and we will show your organization how to leverage opportunities, fund its future, and make good things happen. With more than 100 years of business financing experience, you can count on Bank Michigan to make local money work for you. Whether you're looking to add inventory, expand your operation or are ready to build a new facility, an Bank Michigan loan is an excellent source of funding.

Hands pointing at the phrase get the right loan for you

Commercial Real Estate Loans

Commercial real estate loans let you purchase or refinance a business property or expand or remodel an existing facility. If you own property free and clear, you can also use a commercial real estate loan to leverage your equity to finance a variety of business needs.

  • Purchase leased property
  • Refinance an existing commercial real estate loan

Commercial real estate loans may be used as permanent financing to convert a construction loan at the time of project completion or for the purchase of an existing property – with competitive fixed rates for up to 10 years and multiple amortization options ranging up to 30 years.

Business Line of Credit

Need to manage cash flow? Buy inventory? Pay for a surprise expense?

A business line of credit provides flexibility that a regular business loan doesn't. With a business line of credit, you can borrow up to your loan limit and pay interest only on the money borrowed. You then draw and repay funds, as long as you don't exceed your credit limit. If you choose to pay principal down early those funds are available again, as it revolves.

Small Business Administration (SBA) Loans

A great financial tool for small businesses - offers affordable down payments and convenient repayment terms. Multiple programs are available to suit almost any business purpose.

Are you planning to ….

  • Purchase or update your building
  • Purchase or update equipment
  • Purchase an existing business
  • Start/Open a new business

Do you need to…

  • Finance working capital
  • Finance leasehold improvements

SBA Loans Can Help Create:

  • Low Down Payments (as low as 10%)
  • Longer Amortizations
    • Up to 25 Year Amortization on Real Estate
    • Up to 10 Year Amortization on Equipment & Working Capital
  • Lower Monthly Payments

*Veterans Discount Available


The USDA helps create jobs and stimulates rural economies by providing financial backing for rural businesses and properties. Its primary purpose is to create and maintain employment and improve the economic climate in rural communities. USDA Loan proceeds may be used for working capital, machinery and equipment, real estate, and certain types of debt refinancing. This is achieved by expanding the lending capability of private lenders in rural areas and helping them service quality loans that provide lasting community benefits. This program represents a true private-public partnership

Term Loans

Looking to buy new equipment?

Term loans provide a fixed payment over 1 to 5 years and are normally backed by collateral such as machinery or other tangible assets. They can also be used for a wide range of business purposes.

Credit Cards

Business Credit Cards offer you the flexibility to make purchases, pay bills, and manage business expenses while providing the simplicity and convenience of a traditional business credit card.