Michigan Business Acquisition Financing: SBA 7(a) & 504 Loans

$500K to $5M (SBA 7(a)) | Up to $13.75M+ (SBA 504) | 10% Down

Acquiring an established Michigan business accelerates growth faster than building from scratch—but only when you structure financing correctly. Michigan business owners waste 60-90 days getting declined by banks that either don't understand acquisition lending or won't take the risk.

LVRG Business Funding—Michigan's Business Financing Authority—specializes in SBA acquisition financing for Michigan businesses. Based in Metro Detroit and serving business owners throughout Grand Rapids, Ann Arbor, Lansing, Flint, and every Michigan community, we connect qualified buyers with 25+ SBA lenders (including Michigan-based Preferred Lenders) who actually fund acquisition deals.

Michigan acquisition financing from $500K to $13.75M. Close in 50-65 days. 10% down.

We also serve qualified businesses nationwide, but Michigan is our specialty and focus.

📞 (855) 998-5874

Why Banks Decline Michigan Business Acquisitions (And How to Get Approved)

Major banks decline the majority of Michigan business acquisition deals—not because buyers don't qualify, but because acquisition financing requires specialized underwriting most banks avoid.

What Typically Happens to Michigan Business Owners:

❌ Your Michigan bank says "we don't do acquisitions" – They prefer simpler real estate or equipment loans

❌ National lenders don't understand Michigan markets – They see "rust belt risk" instead of strong automotive supply chains and advanced manufacturing

❌ Lenders demand 20-30% down – Draining working capital before you even own the business

❌ 90-120 day timeline uncertainty – While sellers accept offers from other buyers with financing ready

❌ Declined for unclear reasons – "Industry risk," "insufficient management experience," or "target business too small"

The Reality for Michigan Business Owners:

Getting approved for acquisition financing has little to do with whether you qualify. It's about matching your Michigan deal to the RIGHT lender who understands Michigan industries, Michigan markets, and Michigan business dynamics.

That's exactly what LVRG Business Funding does for Michigan business owners.

Michigan-based lenders who understand Sterling Heights manufacturing operations, Grand Rapids hospitality businesses, Ann Arbor medical practices, and Traverse City seasonal tourism don't decline good Michigan deals—they fund them.

Why Michigan Business Acquisitions Make Sense (2025)

Michigan's business landscape presents unique acquisition opportunities for strategic buyers:

Michigan's Small Business Economy

• 886,557 small businesses across Michigan representing 99.6% of the state's economy

• Baby Boomer business owners preparing to exit creating prime acquisition targets

• Strong core industries: Manufacturing, automotive, healthcare, hospitality, construction

• Stable Michigan real estate values supporting SBA 504 financing structures

• Growing acquisition activity: Michigan businesses continue to leverage SBA financing for strategic growth

Top Michigan Industries for Business Acquisitions

Manufacturing & Industrial Operations
Michigan's manufacturing sector—from automotive suppliers to advanced manufacturing operations—represents significant acquisition opportunities. SBA 504 loans up to $13.75M provide ideal financing for manufacturing acquisitions with equipment and facilities.

Automotive Services
With Michigan's automotive heritage, service centers, body shops, tire centers, and dealership acquisitions are common throughout Metro Detroit and across Michigan.

Healthcare Practices
Physician practices, dental offices, veterinary clinics, urgent care facilities, and therapy practices across Michigan regularly change hands through SBA-financed acquisitions.

Restaurants & Hospitality
From Detroit's downtown dining scene to Grand Rapids' craft brewery boom to Northern Michigan's resort properties, Michigan's hospitality industry offers strong acquisition opportunities.

Construction & Trades
General contractors, electrical contractors, HVAC companies, plumbing operations, and specialty trades throughout Michigan consolidate through strategic acquisitions.

Michigan Markets with Strong Acquisition Activity

• Metro Detroit (Wayne, Oakland, Macomb counties) – Largest Michigan acquisition market

• Grand Rapids & West Michigan – Growing economy, strong business fundamentals

• Ann Arbor & Southeast Michigan – Healthcare, technology, professional services

• Lansing & Mid-Michigan – Government services, healthcare, manufacturing

• Northern Michigan – Hospitality, seasonal businesses, tourism operations

• Upper Peninsula – Manufacturing, natural resources, tourism

SBA Acquisition Financing Programs for Michigan Businesses

SBA 7(a) Acquisition Loans – Up to $5 Million

The most versatile option for Michigan business acquisitions without significant real estate components.

Maximum Loan Amount: $5 million
Down Payment: 10% minimum for qualified buyers
Terms: Up to 10 years (25 years if real estate included)
Current Michigan Rates: 10.5-13% variable
Structure: Asset purchase, stock purchase, or membership interest acquisition

Best For Michigan Businesses:

• Pure business acquisitions (no major real estate)

• Bolt-on acquisitions adding locations or capacity to existing Michigan operations

• Franchise purchases (automotive, restaurant, service businesses)

• Acquisitions requiring working capital post-close for Michigan business integration

Example Structure: $3M Michigan Manufacturing Acquisition

• Purchase price: $3 million

• Buyer equity: $300K (10%)

• SBA 7(a) loan: $2.4M (10.5%, 10-year term)

• Seller note: $300K (subordinated, 6%, 5 years)

• Monthly payment: ~$32,000

• Typical timeline: 50-65 days from complete application to funding

SBA 504 Acquisition Loans – Up to $13.75M+ Total Financing

Designed for Michigan acquisitions where commercial real estate or significant equipment represents substantial value.

Maximum CDC Portion: $5 million (standard) | $5.5 million (manufacturing/energy)
Maximum Total Project Financing: $13.75 million in standard 50/40/10 structure
Down Payment: 10% equity injection
No Regulatory Cap on Project Size: Michigan projects above $13.75M possible if bank exceeds 50% participation

Structure:

• 50% Bank financing (first lien) – NO LIMIT on bank portion

• 40% CDC/SBA 504 loan (second lien) – $5-5.5M maximum

• 10% Buyer equity

Terms: 10, 20, or 25 years (fixed rate on CDC portion)
Current Michigan CDC Rates: 6.2-6.5% fixed
Bank Portion Rates: 9-11% variable (typically)

Best For Michigan Businesses:

• Acquisitions where Michigan commercial real estate = 40%+ of purchase price

• Michigan manufacturing businesses with significant equipment assets

• Owner-occupied facilities across Michigan

• Michigan buyers wanting long-term fixed-rate stability on majority of financing

How the Math Works for Michigan Deals:

The $5.5M CDC limit represents 40% of total project financing in standard structure:

• $5.5M CDC portion ÷ 0.40 = $13.75M maximum total project

• Bank provides $6.875M (50%)

• CDC provides $5.5M (40%, fixed rate)

• Buyer provides $1.375M (10%)

Example Structure: $2.8M Michigan Restaurant Group with Real Estate

• Purchase price: $2.8 million (includes buildings)

• Buyer equity: $280K (10%)

• Bank loan: $1.4M (50%, variable ~10%)

• SBA 504 CDC loan: $1.12M (40%, fixed 6.3%, 20 years)

• Blended effective rate: ~8.6%

• Typical timeline: 60-90 days from complete application to funding

SBA Loan Program Comparison for Michigan Acquisitions

SBA 7(a) vs SBA 504 Comparison:

Maximum Financing:

• SBA 7(a): $5M

• SBA 504: $13.75M+

SBA Portion:

• SBA 7(a): Up to $5M

• SBA 504: Up to $5.5M (CDC)

Down Payment:

• SBA 7(a): 10%

• SBA 504: 10%

Rate Type:

• SBA 7(a): Variable

• SBA 504: Fixed (CDC portion)

Best For:

• SBA 7(a): Business-only Michigan deals

• SBA 504: Michigan deals with real estate

Working Capital:

• SBA 7(a): Yes

• SBA 504: No

Timeline:

• SBA 7(a): 50-65 days

• SBA 504: 60-90 days

Real Estate Requirement:

• SBA 7(a): No

• SBA 504: Yes (owner-occupied)

Not sure which program fits your Michigan acquisition?

We analyze your specific Michigan deal structure and recommend the optimal SBA financing approach. Call (855) 998-5874 to discuss your Michigan business acquisition.

Down Payment Requirements for Michigan Business Acquisitions

Standard Down Payment: 10% for Qualified Michigan Buyers

While 100% acquisition financing exists in limited circumstances, most Michigan business owners should expect 10-15% down payment for SBA acquisition financing.

Acceptable Sources of Equity for Michigan Buyers

✅ Cash from personal savings – Most common source for Michigan business owners

✅ Home equity – Michigan real estate can be leveraged for acquisition down payment

✅ Investment liquidation – Stocks, bonds, other liquid investments

✅ Seller note on full standby – Can count toward 50% of equity requirement. Seller typically holds 5-10% of Michigan business purchase price at 5-7% interest over 5-7 years, fully subordinated to SBA debt

✅ ROBS (Rollover for Business Startups) – Michigan business owners can use 401(k) or IRA funds without tax penalty or early withdrawal fees

✅ Gift funds from family – Acceptable with proper documentation

✅ Borrowed funds – Acceptable if Michigan buyer has alternate income source for repayment (employment income, rental income, spouse's income)

What WON'T Work for Michigan SBA Loans

❌ Seller financing not on full standby – Must be subordinated to SBA debt with no payments until SBA loan paid off

❌ Projected cash flow from acquired Michigan business – Cannot use future business income as your equity injection

❌ Unsecured personal loans – Without alternate repayment source beyond the Michigan business being acquired

Current Interest Rates for Michigan Business Acquisitions (November 2025)

SBA 7(a) Acquisition Loans (Michigan)

Variable Rates (most common structure):

• Loans $350K to $5M: Prime + 3% = ~10.5% current

• Loans $250K to $350K: Prime + 4.5% = ~12% current

• Loans under $250K: Prime + 6% = ~13.5% current

Fixed Rates (when available from Michigan lenders): 10.5-13%

Current prime rate: 7.5% (as of October 2025)

SBA 504 Acquisition Loans (Michigan)

CDC Portion (Fixed Rates):

• 25-year term: 6.24% fixed

• 20-year term: 6.31% fixed

• 10-year term: 6.35% fixed

Bank Portion (first lien, 50% of project): Typically 9-11% variable from Michigan banks

Key Advantage for Michigan Buyers: CDC portion is fixed for life of loan—no interest rate risk on 40% of your Michigan acquisition financing. This provides significant payment stability compared to 100% variable rate structures.

Example Michigan 504 Blended Rate:

$5M acquisition using SBA 504:

• $500K equity (10%)

• $2.5M bank loan at 10% variable

• $2M CDC loan at 6.3% fixed

• Blended effective rate: ~8.4%

Buyer Qualification Requirements for Michigan Acquisitions

Personal Qualifications for Michigan Buyers

Credit Score:

• Minimum FICO 660 for Michigan SBA acquisition loans

• 680-700+ preferred for best pricing and approval odds

• Clean credit history with no major derogatory marks in past 24 months

• Debt-to-income ratio under 50% including new Michigan acquisition loan payment

Liquidity:

• 10-15% of Michigan business purchase price for down payment

• Additional 3-6 months working capital reserves for Michigan business operations

• Ability to personally guarantee the SBA loan (required for all 20%+ owners)

Industry Experience:

• Direct experience: 2-5 years in same or closely related industry

• Transferable skills: Management experience in similar Michigan business model

• Alternative: Strong transition plan with seller retention or experienced Michigan management team staying with business

Target Michigan Business Requirements

✅ Operating History: Minimum 2 years (3+ years preferred) of Michigan business operations

✅ Cash Flow: 1.25x debt service coverage ratio minimum after Michigan acquisition debt

✅ Financial Records: Clean Michigan business financials matching tax returns (no unexplained discrepancies)

✅ Customer Diversification: No single customer representing >25% of Michigan business revenue preferred

✅ Transferable Operations: Michigan business not heavily dependent on seller relationships or unique expertise

✅ Market-Rate Valuation: Purchase price aligns with Michigan industry standards (typically 2-4x adjusted EBITDA depending on industry)

Industries We Finance for Michigan Business Acquisitions

Michigan Manufacturing & Industrial Acquisitions

Michigan's manufacturing sector—from automotive suppliers in Metro Detroit to advanced manufacturing across the state—represents a core area of financing expertise.

Michigan Manufacturing Financing:

• Automotive tier 1, 2, 3 supplier acquisitions

• Advanced manufacturing and precision machining

• Industrial equipment and machinery operations

• Food processing and packaging facilities

• Custom manufacturing and job shops

Recent Michigan Manufacturing Acquisition Examples:

• Metro Detroit automotive supplier acquisitions

• Grand Rapids area precision machining operations

• Southeast Michigan industrial equipment manufacturers

Michigan Automotive Services Acquisitions

With Michigan's automotive heritage, automotive service acquisitions are common throughout Metro Detroit and across Michigan.

Michigan Automotive Services Financing:

• Auto repair and service centers

• Collision repair and body shops

• Tire and wheel operations

• Quick lube and maintenance shops

• Auto parts and accessories retail

• Dealership acquisitions (franchise and independent)

Michigan Healthcare Practice Acquisitions

Physician practices, dental offices, veterinary clinics, and specialized healthcare throughout Michigan regularly change ownership through SBA-financed acquisitions.

Michigan Healthcare Financing:

• Physician practice acquisitions and consolidations

• Dental office purchases (single and multi-location)

• Veterinary clinic acquisitions

• Urgent care and walk-in clinic purchases

• Physical therapy and rehabilitation practices

• Mental health and counseling practices

Michigan Restaurant & Hospitality Acquisitions

From Detroit's downtown dining scene to Grand Rapids' craft brewery boom to Northern Michigan's resort properties, Michigan's hospitality industry offers acquisition opportunities.

Michigan Restaurant & Hospitality Financing:

• Independent restaurant acquisitions

• Franchise restaurant purchases (QSR and casual dining)

• Brewery and craft beverage operations

• Resort and hotel properties

• Event venues and catering operations

• Coffee shops and specialty food retail

Michigan Construction & Trades Acquisitions

General contractors, specialty trades, and construction services throughout Michigan consolidate through strategic acquisitions.

Michigan Construction & Trades Financing:

• General contractor acquisitions

• Electrical contractor purchases

• HVAC companies and mechanical contractors

• Plumbing operations

• Landscaping and lawn care businesses

• Specialty trades (roofing, concrete, asphalt, excavation)

Michigan Service Business Acquisitions

Professional services, business services, and specialized service operations across Michigan.

Michigan Service Business Financing:

• IT services and managed service providers

• Marketing and advertising agencies

• Consulting practices

• Accounting and bookkeeping services

• Insurance agencies

• Business-to-business services

Michigan vs. National Lenders: Why Local Expertise Matters

The Michigan Advantage

Comparison: National Lenders vs Michigan-Focused Lenders (LVRG Network)

Michigan Market Knowledge:

• National Lenders: Limited/none

• Michigan-Focused Lenders: Deep understanding of Michigan economics

Automotive Industry Expertise:

• National Lenders: Generic manufacturing

• Michigan-Focused Lenders: Specialized Detroit automotive supply chain knowledge

Seasonal Business Understanding:

• National Lenders: Rigid underwriting

• Michigan-Focused Lenders: Flexible structures for Northern Michigan tourism

Michigan Real Estate Familiarity:

• National Lenders: Conservative national comps

• Michigan-Focused Lenders: Accurate Michigan market valuations

Sterling Heights Manufacturing:

• National Lenders: May see as higher risk

• Michigan-Focused Lenders: Understands advanced manufacturing cluster

Northern Michigan Hospitality:

• National Lenders: May see seasonal concerns

• Michigan-Focused Lenders: Understands tourism market patterns

Local Relationship Banking:

• National Lenders: None

• Michigan-Focused Lenders: Direct Michigan CDC/bank relationships

Processing Speed:

• National Lenders: 90-120 days typical

• Michigan-Focused Lenders: 50-65 days typical

Why Michigan Expertise Matters

When you're acquiring a manufacturing operation in Sterling Heights, a Michigan-focused lender understands the automotive supply chain dynamics, Metro Detroit manufacturing cluster strength, and regional economic factors.

When you're buying a seasonal resort in Traverse City, a Michigan-focused lender understands Northern Michigan tourism patterns and structures financing accordingly.

Local expertise typically results in better approvals, better terms, and faster closings.

Michigan Business Acquisition Lenders

Michigan-Based SBA Preferred Lenders

LVRG Business Funding maintains direct relationships with Michigan's most active SBA acquisition lenders:

Michigan-Based Preferred Lender Program (PLP) Banks:

• Fast-track SBA authority (no SBA pre-approval required)

• Deep Michigan market knowledge

• Faster processing than non-PLP lenders

• Understanding of Michigan industries and regional dynamics

Regional Michigan Banks:

• Strong Michigan presence and local decision-making

• Understanding of Michigan business dynamics

• Community focus with business lending capabilities

Michigan Certified Development Companies (CDCs):

• Serving Metro Detroit and Southeast Michigan

• West Michigan CDCs (Grand Rapids region)

• Statewide Michigan CDC coverage

• Specialized in SBA 504 real estate and equipment financing

National SBA Lenders with Strong Michigan Presence:

• Experienced in Michigan market

• Michigan-based loan officers

• Understanding of Michigan economic trends

Why Michigan Lender Relationships Matter

Michigan Industry Understanding:

Michigan-based lenders inherently understand:

• Automotive supply chain dynamics – How tier 1, 2, 3 suppliers interact with Detroit OEMs

• Manufacturing sector strength – Sterling Heights, Warren, Troy manufacturing clusters

• Seasonal business patterns – Northern Michigan tourism, construction seasonality

• Regional economic trends – Grand Rapids growth, Ann Arbor healthcare/tech, Detroit revitalization

• Michigan real estate markets – Accurate commercial property valuations across the state

Faster Approvals for Michigan Deals:

Because Michigan-focused lenders understand local markets, they typically:

• Ask fewer clarifying questions (they already understand the market)

• Process Michigan deals faster (familiar territory)

• Structure appropriate financing (know what works in Michigan)

• May approve deals that national lenders decline (understand Michigan-specific strengths)

Serving Michigan Communities

Metro Detroit Business Acquisition Financing

Wayne, Oakland, and Macomb counties represent Michigan's largest market for business acquisitions. LVRG Business Funding serves:

Wayne County Business Acquisitions:
Detroit | Dearborn | Livonia | Westland | Taylor | Canton | Plymouth | Southgate | Romulus | Wayne | Lincoln Park | Garden City | Redford | Allen Park | Inkster | River Rouge

Oakland County Business Acquisitions:
Troy | Southfield | Farmington Hills | Rochester Hills | Novi | Royal Oak | Bloomfield Hills | Birmingham | Pontiac | Auburn Hills | West Bloomfield | Waterford | Commerce Township | Clarkston | Lake Orion | Wixom | Walled Lake

Macomb County Business Acquisitions:
Sterling Heights | Warren | Clinton Township | St. Clair Shores | Roseville | Eastpointe | Fraser | Mount Clemens | Shelby Township | Chesterfield | Harrison Township | New Haven | Richmond

West Michigan Business Acquisition Financing

Grand Rapids and West Michigan's growing economy creates strong acquisition opportunities:

Kent County: Grand Rapids | East Grand Rapids | Kentwood | Wyoming | Grandville | Walker | Rockford | Cedar Springs | Lowell | Ada | Byron Center

Ottawa County: Holland | Grand Haven | Zeeland | Hudsonville | Jenison | Coopersville | Ferrysburg | Spring Lake

Muskegon County: Muskegon | Norton Shores | Muskegon Heights | Roosevelt Park | Whitehall | North Muskegon

Allegan County: Holland area | Allegan | Plainwell | Otsego | Wayland

Ann Arbor & Southeast Michigan Business Acquisition Financing

Washtenaw County: Ann Arbor | Ypsilanti | Saline | Chelsea | Dexter | Milan | Manchester

Livingston County: Brighton | Howell | Hartland | Pinckney | Fowlerville | Hamburg

Monroe County: Monroe | Bedford Township | Flat Rock | Dundee | Lambertville | Temperance | Luna Pier

Jackson County: Jackson | Brooklyn | Grass Lake | Michigan Center | Spring Arbor

Mid-Michigan Business Acquisition Financing

Ingham County: Lansing | East Lansing | Okemos | Mason | Haslett | Williamston | Leslie

Eaton County: Charlotte | Grand Ledge | Eaton Rapids | Potterville | Dimondale | Olivet

Clinton County: St. Johns | DeWitt | Bath | Elsie | Ovid

Shiawassee County: Owosso | Corunna | Durand | Perry | Laingsburg

Northern Michigan Business Acquisition Financing

Grand Traverse Region: Traverse City | Acme | Williamsburg | Interlochen | Kingsley | Fife Lake

Petoskey Region: Petoskey | Harbor Springs | Charlevoix | Boyne City | Boyne Falls | East Jordan

Cadillac & Manistee: Cadillac | Manistee | Ludington | Reed City | Big Rapids

Alpena & Northeast Michigan: Alpena | Rogers City | Gaylord | Hillman | Atlanta

Seasonal Business Expertise:

Northern Michigan's tourism and seasonal business acquisitions require specialized financing structures. LVRG works with Michigan lenders who understand seasonal cash flow patterns and may structure appropriate payment accommodations for businesses with peak summer/winter seasons.

Upper Peninsula Business Acquisition Financing

Marquette Region: Marquette | Ishpeming | Negaunee | Gwinn | Harvey | Skandia

Sault Ste. Marie Region: Sault Ste. Marie | St. Ignace | Detour Village | Pickford | Kinross

Escanaba & Central UP: Escanaba | Gladstone | Rapid River | Bark River | Wells | Cornell

Western UP: Iron Mountain | Kingsford | Norway | Ironwood | Bessemer | Wakefield | Houghton | Hancock | Calumet

Why Michigan Business Owners Choose LVRG Business Funding

Michigan's Business Financing Authority

Based in Metro Detroit, LVRG Business Funding specializes in SBA acquisition financing for Michigan businesses:

✅ Metro Detroit Headquarters – Local team with local knowledge and relationships

✅ Michigan Lender Relationships – Direct access to Michigan-based SBA Preferred Lenders, regional banks, Michigan CDCs, and community banks throughout the state

✅ Michigan Industry Expertise – Deep knowledge of Michigan's key industries: automotive, manufacturing, healthcare, hospitality, construction

✅ SBALoansMichigan.com – We power Michigan's dedicated SBA loan platform, providing comprehensive SBA financing solutions

✅ Faster Michigan Closings – Michigan market knowledge typically means 50-65 day acquisition closings

✅ Zero Cost to Michigan Business Owners – Lender-paid compensation structure means no fees to you

Michigan Banks & Credit Unions Refer to Us

When Michigan community banks and credit unions can't fund an SBA acquisition themselves—whether it's outside their credit box, too complex for their SBA capabilities, or simply not their specialty—they may refer their Michigan customers to LVRG Business Funding.

Michigan financial institutions refer to specialists they trust to handle their customers professionally and successfully.

Timeline: Application to Funding for Michigan Acquisitions

Days 1-7: Initial Consultation & Michigan Deal Analysis

• Review your Michigan acquisition opportunity

• Analyze target Michigan business financials

• Discuss your industry experience and qualifications

• Gather preliminary documentation

• Determine optimal SBA loan program (7(a) vs. 504)

• Identify Michigan-specific considerations

Days 7-14: File Packaging & Pre-Underwriting

• Prepare complete Michigan acquisition loan package

• Conduct internal pre-underwriting

• Structure deal to address lender criteria

• Identify and proactively address potential issues

• Format all documentation to SBA standards

Days 14-30: Michigan Lender Submission & Communication

• Submit to best-fit Michigan lenders from our network

• Present simultaneously to multiple lenders

• Manage all lender communication and document requests

• Keep you informed throughout the lender review process

Days 30-50: Underwriting & SBA Approval

• Michigan bank underwrites and approves acquisition

• SBA reviews and issues loan guarantee

• Address and clear all conditions

• Coordinate with Michigan seller and their representatives

Days 50-65: Closing & Funding

• Coordinate with Michigan attorneys and escrow

• Finalize all Michigan closing requirements

• Execute closing documents

• Fund Michigan acquisition

Typical Michigan Acquisition Timeline:

• SBA 7(a): 50-65 days from complete application to funding

• SBA 504: 60-90 days from complete application to funding

Timeline can vary based on deal complexity, documentation completeness, and specific lender requirements.

For Michigan Business Owners: Complete SBA Financing Solutions

Beyond Acquisition Financing

As Michigan's Business Financing Authority, LVRG Business Funding provides comprehensive SBA financing solutions for Michigan businesses through our dedicated Michigan platform:

Visit SBALoansMichigan.com for:

SBA 7(a) Loans up to $5 Million
Working capital, equipment financing, commercial real estate, business expansion, debt refinancing, franchise financing

SBA 504 Loans up to $13.75M+
Owner-occupied commercial real estate, manufacturing equipment, long-term fixed-rate financing, building construction or renovation

USDA Business & Industry Loans up to $25 Million
Larger loan amounts for qualifying Michigan businesses in eligible rural areas (most of Michigan qualifies)

Michigan SBA Resources
Comprehensive guides to SBA financing for Michigan business owners

One Team. Two Platforms. Complete Michigan Coverage.

LVRG Business Funding (Acquisition Financing Specialists)
+
SBA Loans Michigan (Comprehensive SBA Solutions)

Expert Service for Michigan Business Owners

Whether you're acquiring a Michigan business, purchasing commercial real estate, financing equipment, or need working capital for your Michigan operation—we provide SBA financing expertise and Michigan lender relationships.

📞 (855) 998-5874

Michigan Business Acquisition Financing FAQ

Q: Do you only work with Michigan businesses?

A: While Michigan is our primary focus and specialty, we do assist qualified businesses nationwide. However, Michigan businesses benefit from our deepest expertise and strongest lender relationships. If you're acquiring a Michigan business or you're a Michigan-based buyer, you're receiving our most extensive service and Michigan lender access.

Q: What makes Michigan acquisition financing different from other states?

A: Michigan's economic mix—manufacturing concentration, automotive industry presence, seasonal tourism in Northern Michigan, healthcare growth—requires lenders who understand these dynamics. Lenders unfamiliar with Michigan markets may decline deals that Michigan-focused lenders understand and approve.

Q: Can I use SBA loans to acquire a business anywhere in Michigan?

A: Yes. SBA acquisition loans work throughout Michigan—from Detroit to the Upper Peninsula. We've worked with acquisitions across the state: Metro Detroit, Grand Rapids, Ann Arbor, Lansing, Flint, Kalamazoo, Traverse City, Marquette, and throughout Michigan.

Q: Do you work with Michigan Certified Development Companies (CDCs)?

A: Yes. We have relationships with Michigan CDCs for SBA 504 financing, including CDCs serving Metro Detroit, West Michigan, Mid-Michigan, and statewide Michigan coverage.

Q: What if I'm buying a seasonal Michigan business?

A: This is where Michigan expertise matters. Lenders unfamiliar with Northern Michigan tourism patterns may see seasonal cash flow as concerning. Michigan-focused lenders understand tourism seasonality and may structure appropriate accommodations.

Q: I was declined by a bank. Can you still help?

A: Often, yes. One bank's decline doesn't mean you don't qualify for SBA financing—it may mean that specific bank's criteria didn't fit your deal structure. We have relationships with 25+ different lenders with varying criteria and appetites.

Q: How fast can you close a Michigan acquisition?

A: Typical timeline:

• SBA 7(a): 50-65 days from complete application to funding

• SBA 504: 60-90 days from complete application to funding

Actual timeline varies based on deal complexity and documentation.

Q: Do you understand my specific Michigan industry?

A: Based in Metro Detroit, we've worked with acquisitions across Michigan's key industries including manufacturing, automotive, healthcare, hospitality, and construction. We understand regional market dynamics throughout Michigan.

Q: What if the Michigan business I want to buy has some challenges?

A: Many challenging situations can be addressed with proper deal structuring. We analyze acquisition challenges and work to structure solutions that address lender concerns while meeting your acquisition goals.

Q: How much will this cost me?

A: LVRG Business Funding is compensated directly by SBA lenders through standard broker fees that are built into SBA loans. You receive expert Michigan market guidance, professional deal packaging, access to 25+ lenders, and service from application through closing at no cost to you.

Q: What if I find an acquisition opportunity quickly—can you move fast?

A: Yes. When you find the right Michigan acquisition opportunity, we can move quickly. Initial consultation within 24 hours, preliminary qualification within 48 hours, and complete processing according to the timeline outlined above.

Ready to Acquire a Michigan Business?

When you find the right Michigan acquisition opportunity, timing becomes critical. Having your financing structured properly means you can move decisively while other buyers are still determining their capital strategy.

Get Started Today:

📞 Call Our Michigan Acquisition Specialists
(855) 998-5874
Available Monday-Friday, 9am-6pm EST

Speak directly with Michigan business acquisition financing specialists who understand your market and Michigan lender requirements.

About LVRG Business Funding

Michigan's Business Financing Authority

Headquartered in Metro Detroit, LVRG Business Funding specializes in SBA acquisition financing for Michigan businesses. We facilitate business financing nationwide, with deep expertise and focus in the Michigan market.

As the team behind SBALoansMichigan.com, Michigan's dedicated SBA loan platform, we bring extensive knowledge of Michigan industries, Michigan lenders, and Michigan business acquisition dynamics.

Michigan Coverage: Metro Detroit | Grand Rapids | Ann Arbor | Lansing | Flint | Kalamazoo | Traverse City | Upper Peninsula | And every Michigan community

National Capability: Licensed and operating in all 50 states for qualified businesses nationwide

LVRG Business Funding
Metro Detroit, Michigan

📞 (855) 998-5874

Important Disclosure

This information is for educational purposes only and does not constitute financial, legal, or tax advice. Loan terms, rates, and conditions are subject to change and vary based on creditworthiness, collateral, loan amount, and lender requirements. All loans are subject to credit approval and SBA eligibility requirements. SBA loan interest rates are subject to SBA maximum rates and are negotiated between borrower and lender. Rates quoted are approximate and current as of November 2025 but may change. Down payment requirements may vary based on specific loan program, lender requirements, and borrower qualifications. Timeline estimates are approximate and can vary based on deal complexity, documentation completeness, and lender processing times. LVRG Business Funding is a loan broker, not a lender, and does not make credit decisions. All credit decisions are made by participating SBA-approved lenders. Some Michigan business owners may not qualify for SBA financing based on credit, cash flow, industry, or other factors. Past performance and approval rates are not guarantees of future results. Consult with qualified financial, legal, and tax advisors before making business acquisition decisions.