Business & Equipment

Financing from business & equipment loans may be utilized for the growth of commercial and industrial businesses in the City of Detroit.

Transaction Range

$50,000–$2.5 million

Industries Serviced

  • Manufacturing Companies
  • Distribution and Logistics Companies
  • Service Companies
  • Others

Intended Use

  • Business Expansion
  • Capital Improvements
  • Purchase of Equipment
  • Purchase of Real Property
  • Working Capital
  • Restructuring of Existing Debt

Financing Types

Loans of this type are often subordinated and are intended to assist the company / borrower in meeting the financing requirements of a traditional lender.

Financing types considered are:

  • Term Loans
  • Mezzanine Financing
  • Bridge Loans
  • Construction Loans
  • Commercial Mortgage Real Estate Loans

General Loan Criteria

  • A business plan which demonstrates that the future financial results of the company will service the senior and capital debt.
  • The business must have experienced and successful management with three years on average of successful operating experience.