Get a Business Line of Credit in Michigan

In Michigan there are about 900,000 small businesses, which is 99.6% of all businesses in Michigan. If you want to further your business or need some capital fast, then our business line of credit is for you. Line of Credit Depot provides Michigan businesses true revolving lines of credit. We have already helped hundred of business access these lines of credit. With a 6% corporate income tax (CIT) rate, Michigan has one of the lowest tax rates in the country.

If you’re like most small business applicants, you agree that obtaining reasonably priced financing for the business is very hard. Why is this? Banks want to charge the highest intertest, that’s why you are asked to apply for business credit cards. Think back, when was the last time you saw a “line of credit” being offered by your bank. 

The truth is banks are offering these lines of credit but we know which banks offer the best terms. Whether you wnat access to  or multiple unsecured lines of credit, we have the knowledge and network to get it done! Let us do that work for you. 

Business lines of credit are ranging from 4% to 8% like most other states. See if your business qualifies for a line of credit today.

-Revolving Line of Credit allows you to access cash when you need it
-With rates as low as 4%, these credit lines are cheaper than most credit card companies
-Your business doesn’t have to borrow expensive MCA’s (merchant cash advance) to finance operations and cash flow dips.
-You can keep your current business bank account at your current bank.

Line of Credit Depot has the largest network of local and national banks in Michigan, so your business gets paired with the best programs.

See if you qualify for a Line of Credit in

Michigan

before you apply

See Requirements in Your State
The lines of credit vary from state to state. See the requirements before you apply.
Straightforward time saving application
Save tons of time, only fill out one application. It takes about 10 minutes.
Any questions? Drop Us a Line
Sometimes small business owners like to learn more about the available programs before applying.
See an overview of our programs
Find out how a line of credit can specifically help your business. Rates, terms and requirements.

Industries

Resources

April 24, 2024
Line of Credit Depot Eases Credit Requirements Amid Tightening Lending Landscape
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February 7, 2024
The Power of Marketing for Small Businesses
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January 24, 2024
Securing Financing before Standards Tighten -OLD
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January 24, 2024
Securing Financing before Standards Tighten
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November 15, 2023
Small Business Owners are Loading up their Personal Credit Card Debt
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October 20, 2023
Why Manufacturers Should Consider Unsecured Lines of Credit
Learn More.