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MI

Michigan Loan Guarantee Program

State loan guarantees to support lender financing for eligible Michigan businesses.

About this program

The Michigan Loan Guarantee Program helps participating lenders extend credit to eligible Michigan businesses by providing a partial guarantee that reduces lender risk.

Eligibility

Eligible Michigan businesses seeking financing through participating lenders.

Requirements

  • Apply through a participating lender
  • Meet program underwriting requirements
  • Use loan proceeds for eligible business activities