Loan Census Banking News and Information
December 15, 2018  
 
 
  Business Loan Information  
 

Business Loan Detroit, Michigan

 
Loan Census SBA Loan Info

Looking for a Detroit, Michigan small business loan? We were annoyed by how hard it was to find city-specific small business lenders so we created this page just for you.

We wrote this article for small business owners in Detroit, Michigan who are interested in getting a small business loan.

Local Detroit Lending Resources

To help you learn more about local small business lenders, here's our list of small business banks in Detroit.

Small Business Bank Recent SBA Loans
Bank of New York  
Bank One  
Bestbank  
Blue Cross and Blue Shield of Michigan  
Carters ATM Inc  
Charter One Bank  
Comerica Bank  
Detroit Commerce Bank 26
Detroit Postal Employees Credit Union  
Federal Reserve Bank  
Fifth Third Bank  
First Independence Bank 6
First Independence National Bank  
Flagstar Bank  
Gmac Mortgage  
Heritage Federal Savings Bank  
Home Federal Savings Bank  
Howard Safe Company  
Shorebank 2

Other Lending Resources for Detroit Businesses

Be sure to speak with bankers outside of Detroit, Michigan. These banks, in the table below, have lent to other Detroit small business owners. In some cases, these large banks may have local bankers you can speak with regarding small business loans.

Small Business Bank Recent SBA Loans
Amer Express Centurion Bk
Salt Lake City, UT
2
Bank Of Auburn Hills
Auburn Hills, MI
2
Bank Of Michigan
Farmington Hills, MI
2
Business Loan Center, LLC
New York, NY
25
Business Loan Center, LLC
Richmond, VA
18
California Bank & Trust
Sacramento, CA
1
California Bank & Trust
San Diego, CA
1
Capital One
Mclean, VA
26
Capital One Bank (usa)
Glen Allen, VA
3
Cit Small Business Lending Corp
Livingston, NJ
5
Citizens Bank
Flint, MI
8
Citizens Bank
Lansing, MI
7
Citizens First Savings Bank
Port Huron, MI
2
Comerica Bank
Dallas, TX
40
Comerica Bank
Houston, TX
1
Fifth Third Bank
Cincinnati, OH
1
Fifth Third Bank
Grand Rapids, MI
28
First Place Bank
Southfield, MI
6
First Place Bank
Warren, OH
1
Independent Bank
Troy, MI
1
Innovative Bank
Oakland, CA
77
Jpmorgan Chase Bank
Houston, TX
163
Keybank National Association
Cleveland, OH
8
Lasalle Bank Midwest
Lansing, MI
10
Lasalle Bank Midwest
Troy, MI
14
Mainstreet Lender 7(a), LLC
Chevy Chase, MD
3
Mercantile Bank Of Michigan
Grand Rapids, MI
1
National City Bank
Bannockburn, IL
46
National City Bank
Cincinnati, OH
1
National City Bank
Cleveland, OH
28
National City Bank
Indianapolis, IN
2
Newtek Small Business Finance Inc.
New York, NY
1
Paramount Bank
Farmington Hills, MI
2
Peoples State Bank
Hamtramck, MI
12
Pnc Bank, National Association
Pittsburgh, PA
1
Rbs Citizens
Cleveland, OH
12
Rbs Citizens
Providence, RI
264
Shorebank
Chicago, IL
1
Small Business Loan Source LLC
Houston, TX
2
Superior Financial Group, LLC
Walnut Creek, CA
3
T & C Fcu
Pontiac, MI
1
Tcf National Bank
Ann Arbor, MI
1
Temecula Valley Bank
Temecula, CA
1
The Huntington National Bank
Canton, OH
4
The Huntington National Bank
Columbus, OH
15
The Huntington National Bank
Zanesville, OH
7
U.S. Bank National Association
Cincinnati, OH
4
Ups Capital Business Credit
Windsor, CT
3
Wachovia SBA Lending, Inc.
Roseville, CA
2
Washington Mutual Bank
Henderson, NV
2
Wells Fargo Bank
San Jose, CA
2
Wells Fargo Bank
Sioux Falls, SD
1

Tips for Getting a Business Loan in Detroit

Borrowing money is one of the most common sources of funding for a small business, but getting small business financing requires a fair amount of work.

Improve your odds by talking to as many banks as possible.

When applying for a small business loan, you will find that some banks will not work with you and others will. Of those banks that will work with you, some will offer better loan terms than others.

By talking to all of the local banks in your area, and even reaching out to some of the national banks, you will be sure to get a great deal on your bank loan.

Remember, before meeting with a banker, be sure to prepare your business profile, loan request details, collateral description, business financial statements and personal financial statements.

Gaebler.com Advice on Raising Money

Make it a priority to learn as much as you can about Raising Money. To get the ball rolling, we recommend you read Getting a Small Business Loan.

More Business Loan Info for Michigan
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