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Funding Opportunity

Providing funding as a compliment to your traditional bank line.

Grow your Business

Funding real and immediate growth for Michigan’s lower, middle-market companies.

Michigan’s Small Business

Funding small businesses with a commitment to the State of Michigan


Grow Michigan, LLC

Grow Michigan, LLC, is capitalized by members of Michigan’s banking community and the Michigan Strategic Fund.  It provides attractively priced growth capital in the form of subordinated/mezzanine debt to Michigan small business community.

This unique initiative and product offering, including value-added assistance, extends the capabilities of senior debt providers by offering a highly efficient, cost effective and complimentary capital structure for growing Michigan small business in a broad range of industries.

Meet our Team

  • Investment Criteria

    Basic Criteria

    There are basic criteria needed to qualify for funding. Please click on the requirements below for more detailed information.

  • Michigan Company Requirement

    Requirements

    Grow Michigan provides mezzanine financing to small business.  Our lending is specifically targeted to helping companies expand in Michigan. Grow Michigan’s target loans are to profitable small businesses with strong management teams committed to excellence.

  • Current Relationships with Senior Lending

    Senior Lending

    Mezzanine financing provides additional lending beyond traditional senior bank lending.  Prospective companies should have established relationships with senior lenders.  A Grow Michigan partner bank is not a prerequisite for funding consideration.

  • Available Loan Sizes

    Loan Sizes

    Our typical loan size is expected to be between $500,000 and $3,000,000.


Grow Michigan Partners

Grow Michigan is proud to partner with the following institutions in providing funding to the small business community.

Crestmark Bank
Independent Bank
Hastings City Bank
Huntington Bank
The Bank of Northern Michigan
The Bank of Holland
Level One Bank
OSB Community Bank
Chemical Bank
Talmer Bank and Trust
The Private Bank
Michigan Economic Development Corporation
Old National Bank
Mercantile Bank
Flagstar Bank
First National Bank of Michigan
PNC Bank
Northstar Bank
Fifth Third Bank