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First Independence Bank

Listed
Bank for term loans and business lines of creditDetroit, MichiganBased in Michigan; service area not yet provided
BBLL 001201Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

First Independence Bank offers business term loans, secured operating lines and commercial real estate credit, with SBA-guaranteed lending also described.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Term loansBusiness lines of creditWorking capital loansEquipment financingCommercial real estate loans
From the lender's own site and public records.

A second look at First Independence Bank

First Independence Bank offers business term loans, secured operating lines and commercial real estate credit, with SBA-guaranteed lending also described.

Direct bank lender; First Independence Bank, with Michigan and Minnesota commercial lending contacts.

Published by Levr, not by First Independence Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Commercial lending

Term uses
Long-term finance supports expansion, equipment and capital improvements.
Operating line
Secured lines address working capital, operating expenses and seasonal purchases.
Property
Commercial property financing supports purchase, refinancing, improvements and expansion.

Provider sources: Commercial lending official source · Commercial lending official source

When it may fit

Our assessment of the published programs

  • Businesses in First Independence’s markets seeking a relationship bank for operating and capital credit.

What to weigh carefully

  • The former commercial page now redirects to a business deposit overview; confirm current loan availability directly. Specific SBA program and pricing are not stated.

Questions before you accept an offer

  1. Which lending office covers my business?
  2. What collateral, guarantees and operating-history requirements apply?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Huntington Bank

Huntington offers Michigan businesses conventional loans, SBA financing and its smaller Lift Local Business loan program.

BMO Bank

BMO provides a separate Michigan comparison for secured revolving credit, staged equipment purchases and SBA financing.

The lender

Type
Bank
Legal name
First Independence Bank
Founded
1970
Charter
Not yet provided Add it
Headquarters
Detroit, Michigan
Service area
Based in Michigan; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
firstindependence.com
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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