A limited-time loan opportunity from MWF
MWF’s Innovation in Lending initiative offers new financing options designed to make capital more affordable and accessible for entrepreneurs across Michigan. Whether you’re looking to grow your business, purchase equipment, increase inventory, or invest in your next stage of growth, these new loan products provide flexible options to help you move forward.
Choose the Loan Option That’s Right for You
Zero Percent Interest Loan
Grow your business with zero-percent financing.
The Zero Percent Interest Loan provides affordable capital to entrepreneurs who need funding to invest in their business without the added cost of interest.
Loan Highlights
✔️ Up to $20,000 in zero-percent financing
✔️ Available to the first 50 qualifying businesses
✔️ No interest charged over the life of the loan
✔️ Available to eligible Michigan small businesses
Last Mile Forgiveness Loan
Get rewarded for responsible repayment.
The Last Mile Forgiveness Loan gives entrepreneurs access to affordable capital today while creating an opportunity to reduce the overall cost of borrowing. Borrowers who make on-time payments during the first two years and provide quarterly financial statements may have the final year — the “last mile” — of their loan forgiven.
Loan Highlights
✔️ Up to $25,000 in financing
✔️ Available to the first 40 qualifying businesses
✔️ Opportunity to have the final year of the loan forgiven
✔️ Quarterly financial reports required
✔️ Available to eligible Michigan small businesses
Funding is limited and available on a first-qualified, first-served basis, so don’t delay.
Fill out our qualifying form to get started!
More Than a Loan
At MWF, we know that access to capital is only part of the equation. Entrepreneurs participating in the Innovation in Lending initiative will also have access to specialized technical assistance designed to strengthen business fundamentals and improve long-term success.
Topics may include:
- Financial management
- Cash flow planning
- Business planning
- Record-keeping and financial reporting
- Growth strategies
- Capital readiness
Our goal is simple: help entrepreneurs access the funding they need to build businesses that thrive and enrich their communities.
Is an Innovation in Lending Loan Right for You?
One of MWF’s Innovation in Lending loans may be a good fit if you:
✔️ Own or operate a Michigan-based small business
✔️ Need affordable capital to start, grow, or strengthen your business
✔️Are unable to access traditional financing or are seeking a more affordable financing option
✔️ Are committed to building a strong, sustainable business
Ready to Take the Next Step?
Funding is limited, and applications will be reviewed on a first-qualified, first-served basis.
Fill out our qualifying form to take the next step in growing your business.
Got questions? Click here to fill out our contact form. An MWF loan officer will be happy to help.
Made possible through support from the State of Michigan, Innovation in Lending combines affordable financing with business education and technical assistance to help entrepreneurs build stronger, more sustainable businesses.