Success Story
Superior Foods Company
Grand Rapids-based wholesale processor and food distributor, Superior Foods, builds on decades of success and grows through pandemic with support from MEDC’s Collateral Support program.
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Program Information
Capital Access Program Information for Small Businesses
Capital Access Program Information for Lenders
MEDC works directly with lenders and provides upfront financing support so they can provide traditional loans to small businesses they otherwise would not be able to provide.
Learn MoreEquity Funding Programs
MEDC partners with and supports a variety of capital providers, venture capitalists, banks and other lending institutions that can help your business grow and succeed.
Learn MoreThe Michigan Strategic Fund is expected to receive the first round of the SSBCI funding in the next 30 to 60 days. Lenders interested in supporting borrowers through the collateral support and loan participation program may begin contacting MEDC Capital Access immediately at businessloans@michigan.org. CDFIs and small business lenders seeking support through the loan guarantee support may also begin contacting MEDC Capital Access. MEDC is anticipated to announce an open application to venture capital funds this summer. Small businesses seeking new financing should contact their local bank, credit union, or CDFI to discuss possible financing including SSBCI support.
Success Story
Superior Foods Company
Grand Rapids-based wholesale processor and food distributor, Superior Foods, builds on decades of success and grows through pandemic with support from MEDC’s Collateral Support program.
Read MoreGet Started
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