We Invest in Ambition

Northern Initiatives provides loans to small business owners and aspiring entrepreneurs in Michigan that might not qualify for a small business loan from traditional banks for various reasons. Northern Initiatives offers access to capital at reasonable rates to those who would never have the chance or who would have entered business undercapitalized.

Supporting Businesses that Support Communities

Business Lending

Need a small business loan, but can’t get bank financing? We can help

Our lending team looks at character and cash flow. We can help your business get off the ground or continue growing with loans from $1,000 to $500,000.

Business Support

Resources and Coaching to Help Your Business Succeed

Starting a business takes more than just money, it takes know-how. Our team is focused on providing both so your business soars. We have tools, templates, videos and individual coaching to ensure you have what you need to succeed.


Given in small
business loans


Of our loan customers receive additional business support


Total jobs created and retained by our small business loans


Of our 2021 customers were startups

Our Impact

Our impact is measured through the success of our businesses and their employees. We have been able to give loans to hundreds of businesses and helped businesses create thousands of jobs, but our real success is when we see businesses across our region thrive. You can help us support that vision with a gift or ongoing partnership.

Featured Success Stories

Smith Truck Body

Rosebush, Michigan
Curtis Smith is sure of one thing: There will always be garbage. Smith has worked nearly a decade in waste hauling and recycling. He opened…
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Blossom Bird Bubble Tea

Marquette, Michigan
Kaila and Daniel Ball, newly married during the pandemic, had dreams of something fresh, away from metro Detroit. “We had plans to move to Oregon,”…
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PM School

Escanaba, Michigan
Mary Doyen and Peg Lippens have made some pretty savvy decisions for a couple of new business owners. “We had students who were completing school…
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Emmanuel Barbershop

Muskegon Heights, Michigan
The early days of the pandemic were tough on Carlton Briggs and his Emmanuel Barbershop. They were really tough on his customers. "This culture –…
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Sleepy Dog Books

Mt. Pleasant, Michigan
Riley and Jennifer Justis had always dreamed of owning a bookstore. The pandemic gave them more time to dream. And plan. And make it happen.…
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