Business financing in Michigan
If you run an established business in Detroit, Grand Rapids or anywhere else in Michigan, we help you explore financing to buy your building or capital to grow. We guide you in English or Spanish and connect you with the right program and lender.
Michigan
Michigan is the heart of the U.S. auto industry, with a wide network of suppliers and repair shops. Grand Rapids adds manufacturing and healthcare, and Great Lakes tourism supports many communities. Auto service and food businesses have deep roots in the state.
Many Michigan shops and industrial businesses need specialized facilities. Ownership lets you invest in them without depending on a lease renewal.
SBA lending: Michigan
Public SBA data on loans approved by participating lenders.
- approved SBA loans
- 15,922
- median approved amount
- $150,000
- 7(a) / 504
- 14,796 / 1,126
Source: SBA public 7(a) and 504 loan data, FY2020–FY2026 (through June 30, 2026). CapitalBUENO was not necessarily involved in these loans.
Up to $5 million or more, with potential financing of up to 100% and a target closing timeline of 45–60 days.
Learn moreGROW™: up to $350,000, up to 10-year terms, no prepayment penalty and no specific personal collateral required.
Learn moreFrequently asked questions
Can I buy my business's building in Detroit with SBA financing?
In many cases, yes. OWN™, our owner-occupied financing, lets established businesses buy the property they operate from, with potential financing of up to 100%*, amounts up to $5 million or more and a target closing timeline of 45–60 days. Eligibility depends on the lender and program requirements.
Does CapitalBUENO work with businesses across Michigan?
We work with business owners throughout Michigan, including Detroit, Grand Rapids and Lansing. Program availability depends on the lender and your situation. CapitalBUENO is not the lender; we guide you and connect you with the right option.
Find out what your business may qualify for
Answer a few questions and an advisor will review your case, with no obligation.
All financing is subject to approval, financial analysis and lender terms.