Seek Business Capital
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Startup Consulting • Business Services |
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Imperial Advance
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Imperial Advance is an online business loan marketplace that focuses on providing small businesses with access to the funds they need. After you apply for a quote, a financial consultant will contact you with loan offers from numerous lenders. |
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Accredited Partner
National Business Capital
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Founded in 2007, National Business Capital & Services is a Bohemia, New York-based business financier. It is known for providing loans to small businesses across the US, Peurto Rico and Canda in a quick and efficient manner. The company also offers business equipment financing and business lines of credit, in addition to small business loans. |
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Michigan State University Federal Credit Union
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Location
104 S. Washington Sq.
Lansing, MI 48933
(517) 333-2424
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Adventure Credit Union
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Location
2250 Lake Lansing Rd., Ste. A
Lansing, MI 48912
(800) 323-2129
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Dearborn Federal Credit Union
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Location
1700 Lake Lansing Rd.
Lansing, MI 48912
(888) 336-2700
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Astera Credit Union
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Location
5615 W. Sagniaw Hwy.
Lansing, MI 48917
(517) 323-3644
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GreenStone Farm Credit Services
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Location
3515 West Rd.
East Lansing, MI 48823
(517) 318-4100
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Dart Bank
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Location
1020 Charlevoix Dr.
Grand Ledge, MI 48837
(517) 622-3278
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Case Credit Union
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Location
7527 Delta Commerce Dr.
Lansing, MI 48917
(517) 393-7710
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A business loan provides funding to start or expand a business. These loans are used for everything from unexpected short-term expenses to long-term equipment purchases. The type of loan you need will depend on your business and the purpose of the funds. Some of the most common types of loans in Lansing are:
Choosing a lender in Lansing
Different types of lenders are available for businesses in Lansing, and the one you choose will be based on your company’s needs. Traditional lenders, such as banks, may have a long application process and require a higher credit score, while nontraditional online lenders may base their decision on your business plan and a viability assessment.
While starting a business or getting a business loan with poor credit is not impossible in Lansing, you may have more difficulty qualifying or pay higher interest rates. The Michigan Small Business Development Center has an office in Lansing and can help craft business plans and provide information on what resources are available for your company. Many lenders will also have business consultants to help you.
Business loan payments and fees in Lansing
Most business loans in Lansing require regular payments, which are usually monthly but could also be weekly, bimonthly or another set period. Failure to make payments adds penalty fees to your balance and could end with the lender seizing property used for collateral.Lenders may add other charges to your loan, including origination and processing fees. These are generally taken out of the loan amount you receive, so be sure the total amount of your loan is enough to cover these costs while still leaving enough for the loan’s intended purpose. When comparing loan offers, be sure to ask about all fees that may apply.
Seek Business Capital |
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Seek Business Capital is an internet-based consultant that helps small businesses nationwide procure funding. The company identifies an appropriate lender based on your needs and business history, and 92 percent of qualified applicants are approved. Customers in Lansing appreciate the professionalism and courtesy that they received throughout the entire loan process. |
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Imperial Advance |
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Imperial Advance offers fast capital for small businesses through online services. The company provides next-day funding and competitive loan options from brokered services or in-house financing. Lansing business owners rave about the speed and simplicity of the loan process, but some were disappointed that the loan policies prevent consolidation or buyouts. |
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Accredited Partner | ||
National Business Capital |
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National Business Capital works with more than 75 lenders to give you the most competitive rates on your loan. The company boasts that it has provided over $1 billion in funding globally, and its website provides useful resources for business owners. Lansing customers love the speed of funding but stated that interest rates were generally high. |
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Michigan State University Federal Credit Union |
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Michigan State University Federal Credit Union strives to be a one-stop financial institution for businesses and consumers. The credit union offers a variety of business loan options and provides business resources and consulting. Reviews from Lansing customers rate MSUFCU highly for its competitive rates and excellent customer service. |
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Adventure Credit Union |
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Adventure Credit Union has been serving Michigan communities for more than 80 years. The credit union provides a variety of business loans and services, including business lines of credit and equipment financing. Lansing business owners love the range of available loan options and say the credit union has competitive rates. |
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