Back to Grants
MI
Michigan Loan Participation Program (Professional Services)
MEDC participates alongside a private lender in providing loans to professional services businesses, improving access to capital for firms that may not fully qualify for conventional financing.
About this program
Visit the program website for full details.
Eligibility
Michigan-based for-profit professional services businesses seeking commercial loans through a participating private lender. Part of the SSBCI 2.0 program suite.
Requirements
- Must be a Michigan-based for-profit business
- Must work through a participating private lender
- Business must demonstrate need and viability