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MI
Michigan Loan Guarantee Program
Loan guarantees that help Michigan businesses obtain private financing.
About this program
The Michigan Loan Guarantee Program helps eligible small businesses access credit by providing a state guarantee to participating lenders for qualified business loans.
Eligibility
Eligible Michigan small businesses working with a participating lender for qualified loan uses.
Requirements
- Apply through a participating lender
- Meet program and lender underwriting requirements
- Document qualified use of funds, borrower eligibility, and repayment ability