Business Loans Provider Profiles in Detroit, MI

Review 5 listed business loans profiles associated with Detroit, Michigan. Average stored Google rating where available: 4.3/5.

5 Listed Profiles 3 Google-rated Payday: Legal

Michigan Lending Regulations

Michigan allows payday lending with a $600 cap, tiered fee structure, and a one-loan-at-a-time limit. Rollovers are prohibited. The Department of Insurance and Financial Services regulates consumer lenders, and complaints can be filed with DIFS or the Attorney General.

Usury cap: 25% for consumer loans; payday loans capped at $600 with 15% fee on first $100, tiered after Agency: Michigan Attorney General Consumer Protection Division

Provider Profiles for Business Loans

Detroit Development Fund logo

Detroit Development Fund

Detroit Development Fund provides small business loans, training, and consulting to entrepreneurs of color in Detroit, with 91% of funding going to minority-owned businesses.

5.0/5

Google rating from 8 reviews

BBB: NR

Profile signals: Entrepreneurs of color seeking small business financing in Detroit with commitment to minority hiring, Existing minority-owned businesses looking to expand with combined financing and consulting support

LVRG Business Funding logo

LVRG Business Funding

Michigan-based commercial lender offering $50K–$50M in business financing including SBA loans, lines of credit, and commercial mortgages with rates starting at 5.85% APR.

5.0/5

Google rating from 54 reviews

BBB: NR

Profile signals: Established business owners seeking $500K+ in commercial real estate or working capital financing, Companies in construction, hospitality, manufacturing, or professional services with complex cash flow structures

U.S. Small Business Administration - Detroit logo

U.S. Small Business Administration - Detroit

U.S. Small Business Administration Detroit office provides federal funding programs, counseling, and contracting certifications to small businesses across Michigan.

2.9/5

Google rating from 24 reviews

BBB: NR

Profile signals: Startups and early-stage small businesses with limited credit history or collateral seeking affordable, government-backed capital, Minority-owned, women-owned, and disadvantaged businesses pursuing federal contracting opportunities and set-asides

Listed Business Loans Profiles in Detroit (5)

Detroit Development Fund logo

Detroit Development Fund

Detroit Development Fund provides small business loans, training, and consulting to entrepreneurs of color in Detroit, with 91% of funding going to minority-owned businesses.

5.0/5

Google rating from 8 reviews

BBB: NR

Profile signals: Entrepreneurs of color seeking small business financing in Detroit with commitment to minority hiring, Existing minority-owned businesses looking to expand with combined financing and consulting support

LVRG Business Funding logo

LVRG Business Funding

Michigan-based commercial lender offering $50K–$50M in business financing including SBA loans, lines of credit, and commercial mortgages with rates starting at 5.85% APR.

5.0/5

Google rating from 54 reviews

BBB: NR

Profile signals: Established business owners seeking $500K+ in commercial real estate or working capital financing, Companies in construction, hospitality, manufacturing, or professional services with complex cash flow structures

U.S. Small Business Administration - Detroit logo

U.S. Small Business Administration - Detroit

U.S. Small Business Administration Detroit office provides federal funding programs, counseling, and contracting certifications to small businesses across Michigan.

2.9/5

Google rating from 24 reviews

BBB: NR

Profile signals: Startups and early-stage small businesses with limited credit history or collateral seeking affordable, government-backed capital, Minority-owned, women-owned, and disadvantaged businesses pursuing federal contracting opportunities and set-asides

Capdeck Business Loans logo

Capdeck Business Loans

Capdeck Business Loans Detroit, Michigan — Capdeck provides small business funding through term loans, lines of credit, merchant cash advances, SBA loan...

BBB: NR

Profile signals: Small business owners seeking fast capital without extensive documentation, Businesses with recurring credit card sales looking for merchant cash advances

Motor City Match logo

Motor City Match

Motor City Match provides grants, technical assistance, and facilitated lending to Detroit entrepreneurs from business planning through launch and expansion.

BBB: NR

Profile signals: Early-stage Detroit entrepreneurs with business ideas seeking free planning assistance and grant funding rather than debt, Minority-owned and women-owned business founders in Detroit with limited access to traditional small business financing