Business Lending

Ready to build your dream? So are we!

Your business is more than your credit score

We are not a bank, so we are more flexible around collateral and equity. From your personal character, down to having a solid business plan, we review your situation more holistically than a bank can. 

We have a business loan size to fit your needs

We provide business loans ranging from $1,000 to $500,000, including loans guaranteed by the Small Business Association. If you need a small business loan, whether you’re just starting out, looking to grow your business, or transitioning business ownership (next generation, employee-owned, etc.) we have a loan to fit your needs.

What Success Looks Like

Business Ownership

Communities where your access to capital is  defined by the quality of your business. 

Startups and Growth

Businesses that build better futures for themselves, their employees and their communities.

Strong Communities

From jobs to resources, our small business partners are helping their employees and communities thrive.

Servicing Michigan small businesses

We know that our state thrives where there are strong small business communities. We are proud to work across all of Michigan to support small businesses get access to the funding they need. Get started by filling out our loan inquiry form to find out if we can support you!

Featured Success Stories

Edmonds Trucking

Grand Rapids, Michigan
Jerry Edmonds loves the freedom and the rush of trucking. “It’s hurry-up, but organized and structured,” he said. His family – parents, grandparents, aunts, uncles…
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Beesmooth Cafe, The Buzz

Manistee, Michigan
Natasha Partridge is ready to move. Her café’s original location, with a furnace installed the same year she was born, is draining her. “Everything I…
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The Candied Yam

Grand Rapids, Michigan
Jessica Tyson is involved. She’s involved in her community, her partnerships, her church, her family, and – at the center - her business. The Candied…
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First Catch

Baraga, Michigan
Paul Smith really likes to fish and is more than ready to make a living at it. But sometimes, the winds of fortune blow strangely.…
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Millie’s Farms

Newaygo, Michigan
A loan to Millie’s Farms, a woman-owned family farm in Big Prairie Township near Newaygo, put Northern Initiatives over the $100 million mark in loans…
Story More Stories

Getting funded is
only the first step

Every loan comes with complimentary business coaching and tools. Each one of our loans comes with access to a personal business coach to guide you and a suite of practical trainings, tools, and resources on topics that matter most to every business owner: matter most to every business owner: Startup, Money, Marketing, and Management.

Jump Start Your Loan Application Process

Loan Application Resources

Personal Financial Statement Template

This downloadable resource will help us get a sense of your personal finances to support in our loan process. 

Cash Flow Template

This Excel Document will help us understand how your business’s cash flow is situated. 

How to Write a Business Plan

Having trouble defining your business plan? This free resource from the Small Business Association will guide you through the process of writing your business plan.

Ready to Get Started?

Want to see if we can help you make your dream a reality, or if we can help you scale your already growing small business? Let’s get connected!