Affordable Loans
For start-ups to established small businesses in northwest Michigan looking to grow.
Affordable loans to fit you and your business.
Why Venture North?
Nonprofit and mission-driven:
Unlike traditional banks, we’re a certified Community Development Financial Institution (CDFI). That means our lending is about more than dollars — it’s about creating opportunities for small businesses and building stronger communities for everyone.
Accessible for all:
We serve a wide range of small business owners, including those who have struggled to obtain traditional financing, e.g., rural, low-income, and startup entrepreneurs.
Local expertise and support:
Our team knows the region and your challenges and we’re here to help your business succeed, beyond just lending.
Our Loan Options
Business Micro Loan
Are you a start-up or a newer business (1 – 2 years old) looking for funding?
We understand the many reasons new businesses need support to grow and thrive. Our Business Micro Loan is designed to help entrepreneurs like you take those important first steps — and we’ve already helped hundreds of businesses get their footing and move forward with confidence.
Key Features
Up to $50,000 • Flexible terms • Equipment/inventory/working capital
Existing Small Business Loan
Ready to take your business to the next level?
Maybe you’ve outgrown your space, want to expand your offerings, or need gap financing to complement another loan. Growth can bring challenges — even for the most successful small businesses. Our Existing Small Business Loans are designed to ease those growing pains and help you keep moving toward your goals with confidence.
Key Features
Up to $350,000 • Flexible terms • Low Interest Rates • Broad uses (real estate, bridge loans, growth)
Energy Efficiency Micro Loan:
Thinking about making your business more energy efficient?
Upgrades like new equipment or building improvements can save money in the long run, but the upfront costs can be a hurdle. If you’re an established business (1+ years) and in good standing with Traverse City Light & Power, our zero-interest Energy Efficiency Micro Loans could be just the boost you need to finally make those green upgrades a reality.
Key Features
Up to $50,000 • 0% interest • length of term based on estimated energy savings
Limited Time: Express Loans
For a limited time, low-interest Express Loans are available to those who meet CDFI-qualification criteria.
Ready When You Are
If you’ve hit growth roadblocks or been turned away by traditional lenders, Venture North might be just what you need. With low fees, transparent terms, and real people behind the process, we’re often the next best step — especially when others say "no".
Want To Learn More?
Reach out today! Whether it’s to learn more about our loan options or just talk through your business vision: let’s build your business, together.
Just complete the short intake form (linked below) and we’ll be ready to talk your business when we call!