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
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
Given in small business loans
Total jobs created and retained by our small business loans
Of our loan customers receive additional business support
Of our 2022 customers were startups
Our Customers
Demographic Makeup of Northern Initiatives Loan Customers 2017-2021
