Grow Michigan II, LLC

Grow Michigan II provides subordinated debt financing to established Michigan businesses seeking capital to accelerate growth. Backed by Michigan’s banking community and the Michigan Strategic Fund, we help companies access the resources needed to achieve their next stage of success.

Whether you’re pursuing your next growth initiative or filling a critical financing gap, Grow Michigan II can help provide the capital and support needed to move forward with confidence.

We typically support businesses that:

  • Have a meaningful presence in Michigan
  • Generate about $3 million to $50 million in annual revenue
  • Demonstrate positive operating performance
  • Possess experienced management teams
  • Have a clearly defined growth strategy and use of funds

Our borrowers are growth-minded companies with:

  • Proven operating history
  • Experienced leadership teams
  • Clear strategic direction
  • Demonstrated commitment to Michigan
  • Strong potential for long-term growth

Our funds can be used for:

  • Business Expansion or Growth Initiatives
  • Acquisitions & Succession Planning
  • Equipment & Capital Investments
  • Working Capital Needs
  • Job Creation Projects

Grow Michigan Partners

Grow Michigan is proud to partner with the following institutions in providing funding to the small business community.