Before applying for a loan, we recommend the following:
A business loan is easy to get when you don't need one. Any other time, be prepared before you go to the bank. Business owners require loans ranging from working capital to fixed asset loans. In some cases the business owner may need a mixed use loan which involves working capital and fixed assets. Our consultants provide a range of options.
Working Capital Loans - Banks/Alternative Lenders
Looking for a line of credit or even capital to pay for basic business operations? There are a variety of financing options that your business counselor can discuss with you.
Looking for a line of credit or even capital to pay for basic
business operations? There are a variety of financing options that your
business counselor can discuss with you.
Oakland County Business Finance CorporationWant
to purchase major equipment, a piece of property or building for your
business? The Oakland County Business Finance Corporation (OCBFC) is
expert at the U.S. Small Business Administration's (SBA) 504 Loan
process. Designed for acquiring fixed assets, it provides attractive
terms and conditions for the small business community.
The Oakland County Business Center One Stop Shop hosts workshops addressing the loan process.
With the possible exception of those listed under Grants.gov, there are NO grants for the general startup and operating costs of a mainstream for-profit business.
Small Business Innovation Research Grants:
Program for small business to engage in research/research and development leading toward commercialization.