Business Loans in Hubbell, Michigan

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No business loan companies in Hubbell, MI. Consider companies in other cities:

Company nameAddressZip codePhone number
Sunrise Family Credit Union 404 S Euclid Ave, Bay City, MI 48706 +1 (989) 684 - 1730
Myles Insurance Agency Inc 624 W Lake St, Tawas City, MI 48763 +1 (989) 362 - 3425
Keweenaw Title Agency 400 E Houghton Ave Ste B, Houghton, MI 49931 +1 (906) 482 - 9570
Haukkala & Co PC 101 W Maple St, Iron River, MI 49935 +1 (906) 265 - 1040
Comerica Bank 25950 Pontiac Trail, South Lyon, MI 48178 +1 (248) 486 - 7939
Check 'n Go 2124 N Mitchell St, Cadillac, MI 49601 +1 (231) 779 - 1700
Genisys Credit Union 160 N Wixom Rd, Wixom, MI 48393 +1 (248) 926 - 0648
ELGA Credit Union Burton 2303 S Center Rd, Burton, MI 48519 +1 (810) 715 - 3542
Chase Bank 1650 Busha Hwy, Marysville, MI 48040 +1 (810) 364 - 5575
River Valley Credit Union 1369 Industrial Park Dr, Edmore, MI 48829 +1 (989) 427 - 5621

Business Loan Companies in Nearby Cities

If there are no business loan companies in Hubbell, MI, you can try to find different companies in big cities nearby. Check out the following pages here: Business Loans in Lansing, MI, Business Loans in Lincoln Park, MI, Business Loans in Livonia, MI, Business Loans in Macomb, MI, Business Loans in Madison Heights, MI, Business Loans in Midland, MI, Business Loans in Muskegon, MI and Business Loans in Novi, MI. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Hubbell, MI.

Business Loans in Hubbell, Michigan: What You Need to Know

If you are a business owner in Hubbell, Michigan, you may have found yourself in need of financial assistance at some point. Whether it’s to expand your business, cover unexpected expenses, or simply manage cash flow, business loans can be a valuable resource. In this article, we will take a look at what you need to know about business loans in Hubbell, Michigan, including the legal and financial aspects of these loans.

Types of Business Loans in Hubbell, Michigan

Hubbell, Michigan has a number of lenders that offer various types of business loans. The most commonly available include:

  • Term loans: These are traditional loans that are repaid with interest over a set period of time.
  • Lines of credit: A line of credit is a type of loan that allows you to borrow up to a certain amount of money. You only pay interest on the money you borrow.
  • SBA loans: The Small Business Administration offers loans to small businesses and entrepreneurs that meet certain requirements.
  • Equipment financing: This type of loan is used to purchase or lease new equipment for your business.

The Process of Applying for a Business Loan in Hubbell, Michigan

The process of applying for a business loan in Hubbell, Michigan is similar to other states. You will need to provide detailed information about your business, including your financial statements, credit history, and business plan. You may also need to provide collateral to secure the loan.

It’s important to note that lenders have different requirements when it comes to business loans. Some lenders may require a minimum credit score, while others may be more interested in your business’s cash flow. It’s important to research each lender and their requirements to find the best fit for your business.

Regulations and Laws

Business loans are legal and popular in Michigan, but there are regulations and laws in place to protect borrowers. The state of Michigan has laws that regulate interest rates and require lenders to be licensed with the state.

The Small Business Administration also has guidelines for lenders that participate in their loan programs, which require them to follow ethical lending practices and adhere to certain regulations.

Interesting Facts and Statistics About Business Loans in Hubbell, Michigan

  • The average interest rate for a small business loan in Michigan is around 6.5% to 7%.
  • In 2019, Michigan small businesses received over $1 billion in SBA loans.
  • Michigan has a thriving startup scene, with many new businesses receiving funding from investors and lenders.

Now that you know more about business loans in Hubbell, Michigan, you may be wondering where to start. If you’re looking for a lender that specializes in business loans in Michigan, you can start by filling out our online application on TheGuaranteedLoans website. Our network of lenders can help connect you with a lender that meets your needs. Remember, we are merely a connector service, not a direct lender.

Whether you’re just starting out or running an established business, a business loan can provide the financial support you need to succeed. With careful research and planning, you can find a lender that will help you reach your goals.

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Business Loans Available in Hubbell, MI By The Following ZIP Codes:

49934

Hubbell, MI business loan calculator

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F.A.Q. About Business Loans

Can I get a business loan if I have a tax lien or judgment against my business in Hubbell, Michigan?

It is possible to get a business loan if you have a tax lien or judgment against your business in Hubbell, Michigan, but it may be more difficult and come with higher interest rates. Some lenders may be willing to work with businesses with these issues.

Are there any government-backed business loans available in Hubbell, Michigan?

Yes, there are government-backed business loans available in Hubbell, Michigan through programs such as the Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA). These loans often have more favorable terms and conditions compared to traditional business loans.

Look for Business Loans in Other Cities:

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