The financial institutions that provide capital to the business community play a large role in the economic development process. The Monroe County Industrial Development Corporation is please to offer you a wide range of sources for the capital necessary to grow or start your new business venture. In addition to the conventional lending institutions listed below the State of Michigan offers Private Activity Bonds for eligible businesses and job creations loans via a partnership program with Charter One Bank.

The Monroe County Industrial Development Corporation works closely with the Michigan Certified Development Corporation (MCDC). The MCDC is a non-profit corporation that is certified by the U.S. Small Business Administration (SBA) to offer SBA504 loan financing in the State of Michigan. MCDC’s status as a Premier Lender allows them to offer faster turn around time for loan approvals. We can also assist you if you require additional information regarding other SBA loan guarantee programs.

Feel free to explore the below listed web sites. Should you require more information or a direct introduction please do not hesitate to contact us.

Fifth Third Bank
453 S. Monroe St.
Monroe, Michigan 48161
734-241-5300
www.53.com

Monroe Bank & Trust
10 Washington St.
Monroe, Michigan 48161
734-242-2989
www.mbandt.com

 

National City
465 N. Telegraph Rd.
Monroe, Michigan 48162
888-622-4249
www.nationalcity.com