Our Approach

We are leveling the playing field in business ownership

Our Mission

Northern Initiatives provides loans and business services to Michigan entrepreneurs and small business owners who add jobs and help their communities thrive.

This isn't about loans, it's about building stronger communities

CDFIs like Northern Initiatives and its partners are building stronger local economies, enhancing job growth, and supporting economic mobility. That means more business startups, more funding for business expansions, and greater economic empowerment for everyone living and working in under-invested communities. A small business loan isn’t just a loan: it represents a chance at building community wealth, improving quality of life, and creating positive, sustainable change.

Our Unique Approach

Access to capital is only part of the equation — albeit a big one. Business owners often need support in addition to funding. That is why Northern Initiatives provides coaching, resources, and tools to help our customers achieve their business goals.

What Success Looks Like

Diverse Business Ownership

Communities where your access to capital is not defined by your race or gender, but instead by the quality of your business. 

Sustainable Startups and Growth

Businesses that have the know-how to build better futures for themselves, their employees and their communities.

Strong Communities

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

Our Impact

$ 0 M

Given in small business loans

0

Total jobs created and retained by our small business loans

0 %

Of our loan customers receive additional business support

0 %

Of our 2022 customers were startups

Our Customers

Demographic Makeup of Northern Initiatives Loan Customers 2017-2021

Featured Success Stories

2024 Gift Guide

All Over Michigan
Support these wonderful small businesses this giving season This year, skip the big box stores and discover unique, thoughtfully crafted gifts from small businesses across…
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Americana Manufacturing

Lapeer, Michigan
For Ben Logan, school was often a struggle. Dyslexia made traditional learning challenging, and he spent much of his time watching cartoons in a special…
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Buck’s Port Hope Diner

Port Hope, Michigan
The 217 residents of Port Hope are grateful. “Thank you for investing in our town.” “You’ve changed my business by opening yours.” “You put Port…
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Myconaut

Marquette, Michigan
 While Joe Lane, left, and Ryan Iacovacci are growing mushrooms to feed people, they’re also working to save the planet. The owners of Myconaut were…
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Chalets offer shopping and valuable experience

Leiko Bergers, left, works with Northern Initiatives Business Coach Cailin Kelly Leiko Bergers has always shared her energy and “retail can…
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