Business Loans in Detroit, MI
Review 6 listed business loans profiles associated with Detroit, Michigan. Check local offices, stored review context, and state-level rules before contacting a provider.
6
Business Loans Listed Profiles
3
In Detroit Specifically
3
Statewide Profiles
Need business financing in Detroit, Michigan? From SBA-backed loans to microloans and lines of credit, Detroit entrepreneurs can compare several research paths. The SBA Michigan District Office can point business owners toward participating lender programs and free mentoring through SCORE. Review the listed business-lender profiles below for loan size, rate, and eligibility context.
How to Use This Detroit List
Start with local and statewide provider profiles, then check the related state rules, common borrower questions, and CreditDoc data explainers. A listing here is directory context, not a recommendation, approval prediction, price quote, or licensing determination.
Business Loans Located in Detroit
These providers have offices or are specifically located in Detroit, MI.
Capdeck Business Loans
Capdeck Business Loans Detroit, Michigan — Capdeck provides small business funding through term loans, lines of credit, merchant cash advances, SBA loan...
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.
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.
More Business Loans Serving Detroit, MI
Statewide profiles that may be relevant for Detroit residents researching this category.
AWA Financial Services, LLC
AWA Financial Services provides accounting, bookkeeping, and financial planning services for small businesses and individuals, offering flexible pricing based on transaction volume.
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.
Motor City Match
Motor City Match provides grants, technical assistance, and facilitated lending to Detroit entrepreneurs from business planning through launch and expansion.
Not Sure Where to Start in Detroit?
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Where can Detroit small business owners find SBA loans?
Detroit entrepreneurs can access SBA loans through the Michigan District Office located in Detroit and local SCORE mentorship programs. Michigan received over $5.5 billion in SBA lending with 14,426 loans approved. Research best SBA loans and connect with Community Development Financial Institutions (CDFIs) like Invest Detroit, which specializes in funding Detroit-area businesses and understands local market conditions.
Which credit unions in Detroit offer the best services?
Detroit's top credit unions include Michigan First Credit Union, Community Choice Credit Union, and Detroit Municipal Credit Union, which serve city employees. These institutions typically offer lower loan rates, reduced fees, and personalized service compared to larger banks. Many provide financial counseling, first-time homebuyer programs, and small business lending specifically designed for Detroit's economic landscape and neighborhood revitalization efforts.
Business Loans Questions for Detroit Residents
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