Areas Served: Berrien County Berrien County Community Development has a revolving loan fund that is used to promote the growth of Berrien County, Michigan’s small, entrepreneurial companies that have a need for gap financial assistance. These are administered through the Loan Administration Board. The size of these loans and the interest rate are determined on
Read MoreAreas Served: Benzie County The Benzie County, Michigan Revolving Loan Fund is part of a federal program that requires job creation and low to moderate income beneficiaries. Eligible jobs must be new positions at your company. State guidelines for this program allow an applicant to borrow up to $35,000 per created position. A form will
Read MoreAreas Served: Grand Traverse County The Grand Traverse, Michigan County EDC Revolving Loan Fund is part of a federal program that requires job creation and low to moderate income beneficiaries. Eligible jobs must be new positions at your company. State guidelines for this program allow an applicant to borrow up to $35,000 per created position.
Read MoreAreas Served: Statewide Michigan The Opportunity Resource Fund provides loans to spur economic development in Michigan communities. Loans are generally $10,000 to $200,000 with terms up to six years. Borrowers must have been turned down by another lender or the project or business does not meet traditional underwriting standards. The Fund provides loans for the
Read MoreAreas Served: Alger, Delta, Dickinson, Marquette, Menominee and Schoolcraft Counties Revolving loan programs are designed to provide low interest loans on a portion of the gap between conventional financing and the total cost of the project in the Michigan counties of Alger, Delta, Dickinson, Marquette, Menominee and Schoolcraft. They are not intended to replace the
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