CDFI small business loans in Michigan

Counted from each lender's own website: a lender is listed when it describes small business loans on a page we read and is headquartered in Michigan or names Michigan, or a county or town in it, as its service area. 11 other verified lenders that serve Michigan did not mention small business loans on the pages we read, and 4 lenders headquartered here have no verified data yet. Not mentioned does not mean not offered. A listing is not an offer: ask the lender.

What these 21 lenders say

Lender websites, 29 Oct 2026–4 Nov 2026

Lender types	12 loan funds, 9 credit unions
Largest amount stated	6 lenders state a maximum: median $200,000, range $50,000 to $500,000
Smallest amount stated	5 lenders state a minimum: median $5,001, lowest $1,000
Borrower focus stated	Startups (7), First-time homebuyers (4), Minority / BIPOC (3), Native American / Alaska Native / Native Hawaiian (2), Women (2), Low- and moderate-income / underserved (2)
Languages other than English	Spanish (1)
Online application link found	17 of 21
Service area stated on their site	10 of 21

See also all 34 CDFIs headquartered in Michigan, CDFI small business loans in every state.

Headquartered in Michigan (20)

• Awakon Federal Credit UnionCredit union · Onaway, MIAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Realize your business goals while effectively managing the bottom line with an Awakon Federal Credit Union business loan.Verified
• BlueOx Credit UnionCredit union · Battle Creek, MIAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Our Business Signature Loans provide unsecured financing for a variety of business purposesVerified
• CASE Credit UnionCredit union · Lansing, MIAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home repair / improvement loans…We are local and our underwriters specialize in Small Businsess Loans in the Greater Lansing area.Verified
• Chi Ishobak, Inc.Loan fund · Dowagiac, MI · Native CDFIAuto / vehicle loans, Personal / consumer loans, Small-business loansfrom $1,000Chi Ishobak’s loans start at $1,000Verified
• Detroit Development FundLoan fund · Detroit, MICommercial real estate loans, Microloans, Small-business loans$50,000 to $150,000Small business loan amounts range from $50,000 to $150,000Verified
• ELGA Credit UnionCredit union · Grand Blanc, MIAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home repair / improvement loans…Short and Long Term Business LoansVerified
• Financial Plus Credit UnionCredit union · Flint, MIAuto / vehicle loans, Commercial real estate loans, Small-dollar / emergency loans, Equipment loans…Business loans to bring your dreams within reachVerified
• Grand Rapids Opportunities for WomenLoan fund · Grand Rapids, MIMicroloans, Small-business loansup to $50,000We offer loan products of up to $50,000.Verified
• Great Lakes Womens Business CouncilLoan fund · Livonia, MIMicroloans, Small-business loansup to $75,000Small Business Loans up to $75,000.Verified
• Invest Detroit FoundationLoan fund · Detroit, MIEquity / venture investment, Affordable housing development loans, Small-business loansInvest Detroit’s small business program is committed to supporting both new and existing locally-owned businesses with loans that support operational and property needs.Verified
• Members First Credit UnionCredit union · Midland, MIAuto / vehicle loans, Commercial real estate loans, Small-dollar / emergency loans, Equipment loans…Our secured lines of credit provide the flexibility and peace of mind you need to manage your business operations seamlessly.Verified
• Metro Community Development, Inc.Loan fund · Flint, MIMicroloans, Personal / consumer loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loans$50,000 to $250,000BizTHRIVE offers market rates of interest loans over $50,000 to $250,000 for businesses 2 years or older.Verified
• Michigan Women's Foundation, TheLoan fund · Detroit, MIMicroloans, Small-business loansApply for capital to start or grow your business. Where traditional lending falls short, we step in to help.Verified
• Northern Great Lakes InitiativesLoan fund · Marquette, MIEnergy / solar / efficiency loans, Equipment loans, Small-business loans$1,000 to $500,000We can help your business get off the ground or continue growing with loans from $1,000 to $500,000.Verified
• Northern Shores Community Development, Inc.Loan fund · Harbor Springs, MI · Native CDFIAgriculture / farm loans, Credit-builder loans, Small-dollar / emergency loans, Energy / solar / efficiency loans…from $5,001Loan amounts from $5001 and upVerified
• OMNI Community Credit UnionCredit union · Battle Creek, MIAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Small-dollar / emergency loans…We offer all the support and financing options you need, whether you're starting a business or looking for financing to expand an existing business.Verified
• Public Service Credit UnionCredit union · Romulus, MIAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Whether you’re expanding operations, purchasing property, or managing cash flow, PSCU offers commercial lending solutionsVerified
• Rende Progress CapitalLoan fund · East Lansing, MISmall-business loansRPC standard loans are our main financial product that we use to invest in businesses owned by Underrepresented Entrepreneurs.Verified
• United Bay Community Credit UnionCredit union · Bay City, MIAuto / vehicle loans, Commercial real estate loans, Small-dollar / emergency loans, Equipment loans…Business loans to turn your dreams into reality.Verified
• Venture North Funding & DevelopmentLoan fund · Traverse City, MIMicroloans, Small-business loansup to $350,000Up to $350,000 • Flexible terms • Low Interest Rates • Broad uses (real estate, bridge loans, growth)Verified

Based elsewhere, say they serve Michigan (1)

Their own website names Michigan, or a county or town in it, in its service area.

• West Central Development Corporation, dba Anchor Financial ServicesLoan fund · Perrysburg, OHCommercial real estate loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansWorking capital loans to give your business that extra support without the high cost of credit cards and compounding interest.Service area: Ohio, Florida, Michigan, Pennsylvania, Kentucky, IndianaVerified

National lenders (13)

These lenders say they lend nationwide and do not exclude Michigan. They are not counted above.

• Accion Opportunity Fund Community DevelopmentLoan fund · San Jose, CAEquipment loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansFinancing Small Business Loan | Flexible Funding OptionsVerified
• Bridge Investment Community Development CorporationLoan fund · Rock Island, ILAffordable housing development loans, Microloans, Small-business loansWe offer flexible loans designed to help small businesses in low-income communities get the funding they need to start, grow, or keep going strong.Verified
• Business Consortium Fund, Inc.Loan fund · New York, NYSmall-business loansBusiness Term Loan • Receive funds as a one-time lump sum for larger investments in your businessVerified
• Five Points Community Capital, LLCLoan fund · Austin, TXAffordable housing development loans, Small-business loansProducts include providing capital directly, or through CDFI intermediaries, to businesses in low-income communities.Verified
• Greenline Community Development Fund, LLCLoan fund · Denver, COEquity / venture investment, Small-business loansWe specialize in delivering flexible and patient debt and equity to underserved small-medium growth ready businesses throughout the country.Verified
• Grow America Fund, Inc.Loan fund · Boston, MASmall-business loansWe seek to fuel that growth by supporting eligible small businesses that have needs beyond a conventional lender’s profile.Verified
• Local Initiatives Support CorporationLoan fund · New York, NYChild-care facility financing, Affordable housing development loans, Nonprofit / community facility loans, Small-business loansLISC provides financing to small businesses in low- and moderate-income communities and businesses owned by individuals who have struggled to access capital.Verified
• NDC Community Impact Loan FundLoan fund · Boston, MASmall-business loansWe seek to fuel that growth by supporting eligible small businesses that have needs beyond a conventional lender’s profile.Verified
• National Community Investment FundVenture capital fund · Chicago, ILAffordable housing development loans, Small-business loansWe provide flexible capital to high-impact businesses, helping them grow and strengthen local economies.Verified
• REDF Impact Investing FundLoan fund · San Francisco, CACommercial real estate loans, Small-business loans$100,000 to $1MRIIF offers term loans, bridge loans, and lines of credit ranging from $100,000 to $1 million, with flexibility to respond to borrower capital needs.Verified
• Shared Capital CooperativeLoan fund · Saint Paul, MNCommercial real estate loans, Equipment loans, Affordable housing development loans, Small-business loans$5,000 to $1MLoans of $5,000 to $1,000,000 are available for one to ten years.Verified
• UPI LOAN FUNDLoan fund · Chandler, AZPersonal / consumer loans, Small-business loansSmall business loans helping entrepreneurs in underserved communities start, sustain, and grow with fair, affordable terms through the UPILF/MMG Institutional Alliance.Verified
• Urban Strategies IncLoan fund · Saint Louis, MOMicroloans, Small-business loansUSI looks at the whole picture when deciding to lend our small business and microloans rather than focusing solely on credit.Verified

County pages in Michigan with these lenders

Number of lenders above that name the county (or a town in it) on their website or are headquartered there.

Other loan types in Michigan

CDFI small business loans in other states

CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement. Disclaimer.