SBA Loans in Troy, MI
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
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Great Rates, Less Requirements & Smaller Down Payments
StartCap’s SBA loans in Troy, MI are designed with your small business in mind. From competitive rates to expert support, we provide everything you need to succeed. Partner with us for your financial growth.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than Troy SBA Loans
StartCap offers businesses in Oakland County the financial flexibility they need to succeed. Whether you are scaling your operations or managing day-to-day expenses, we have customized solutions designed to support your business goals.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Troy or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Troy, MI
For entrepreneurs in Troy and beyond, financial solutions designed to facilitate growth are available. Tailored support helps you meet your goals and succeed in today’s competitive marketplace. From Rochester Hills to Royal Oak and beyond, we're your credit line specialists.
SBA Loan FAQ's
Troy, MI stands as a dynamic hub for business innovation, with its industrial corridors and tech-forward economy creating fertile ground for emerging local enterprises. Small business owners seeking financial support often explore SBA loan options to fuel their growth strategies in this competitive Oakland County market.
Here are a few local suggestions:- Level One Bank at Big Beaver & Rochester Road
- Flagstar Bank at Square Lake & Crooks Road
- Chemical Bank at Coolidge & Long Lake Road
- Community Financial Credit Union at Rochester & Walton Boulevard
- Comerica Bank at Big Beaver & Corporate Drive
For founders researching SBA loan opportunities, Michigan offers several financing programs targeting equipment purchases, working capital, and commercial real estate acquisitions. Local lenders understand the nuanced requirements of startup financing, providing tailored solutions that align with specific business development objectives in the Troy metropolitan region.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for SBA loans in Troy, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Troy, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
Troy's dynamic business sector offers diverse SBA loan opportunities for small enterprises. Local service providers like HVAC contractors, plumbing businesses, and electrical service companies often qualify for funding through traditional 7(a) loan programs in Michigan.
Manufacturing firms, retail establishments, and professional service organizations in Oakland County can access SBA financing. New business owners in Troy's technology corridors and industrial parks frequently leverage these lending options to support startup capital and operational growth.
