Recent Loans

MBC provides broad financing capabilities ranging from $50,000 to over $5,000,000.  Our borrowers are pleased with our personal and customized delivery process, and the benefits of our flexible loan structures.  Recent examples of loan commitments include:

• $2,400,000 20-year refinance mortgage on commercial office property in Ann Arbor.      

• $70,000 5-year term loan to purchase Sterling Heights area retail.                                                                       

• $1,000,000 25-year refinance mortgage on commercial investment property in Muskegon.  

• $140,000 20-year mortgage to purchase Mt. Pleasant real estate for business start-up.                                                          

• $1,000,000 receivable financing facility to Detroit area transportation company.    

• $2,400,000 "acquisition and stabilization" loan to facilitate the purchase of 10 East Lansing rental properties.    

• $950,000 working capital and receivable financing facilities to Ann Arbor manufacturing company.                                                                                                                                                   

• $1,500,000 5-year equipment loan to Lansing area excavation company.