Small Business Support

Helping You Help Detroit

Our small business program is committed to inclusive support and offers loan programs and technical assistance to both new and established businesses located in Detroit. Economic growth and job creation is part of our primary mission, so we prioritize businesses that are community-minded and committed to Detroit and its residents.

Our loans cover expenses such as the purchase of equipment, owner-occupied property renovations or tenant improvements, and the purchase of real estate, among others. For eligibility requirements and more details on our loan product, read our fact sheet.

 

How To Get Started

To begin the application process, please read our fact sheet for eligibility criteria and fill out the In-Take form below.

Beginning on February 1, 2024, Invest Detroit will be implementing a $250 application fee for our Small Business loan application. The pre-application process is free. Should you proceed to a formal application, a non-refundable $250 fee will apply. This fee covers our assessment costs and is due regardless of loan approval.

For more information on our funding process and materials you may need to provide, read our funding process chart.



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Small Business Intake Form

Thank you for your interest in Invest Detroit. We are a mission-based, nonprofit lender, and borrowers must meet a set of criteria so that we can meet our funding requirements, including goals set by our funders.


Please fill out the following contact information and answer the pre-qualifying questions below to determine if you qualify to begin the application process.


Only completed forms will be considered. Partially completed applications will not be saved, and if you close this window or navigate to another page prior to submission the data will be lost.
Contact Information









Business Information





Questions









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Thank you for your answering these questions. You meet our preliminary requirements to begin the application process. The next step is the in-take form below that will give us a better understanding of your request and your business or project.

Small Business Intake Form

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Click here for the Michigan business entity search to look up the Michigan business entity ID number.
Impact Metrics
Please answer the following questions to support mission alignment for our organization.  Answer these questions from the business owner(s) perspective. If there are multiple owners, please answer these questions so that the responses represent 50% or more of the business ownership.







Required Documents
Please provide the following required documents:


Supporting Documents
If you have the following documents, please submit them as well:



Acknowledgements

In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov

Contact Information