Michigan Women Forward

Listed

Direct business lender for term loans and working capital loansDetroit, MichiganMichigan, United States; local programs may have narrower boundaries.

BBLL 000475Listed Oct 2026From public recordsLast checked Oct 31, 2026

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About

Michigan Women Forward is a nonprofit CDFI lending to Michigan small businesses. Its microloans are available to eligible owners of any gender.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

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

What they lend

Term loans Working capital loans Equipment financing Startup funding

General small business

From the lender's own site and public records.

A second look at Michigan Women Forward

Michigan Women Forward is a nonprofit CDFI lending to Michigan small businesses. Its microloans are available to eligible owners of any gender.

Direct nonprofit community-development lender.

Published by Levr, not by Michigan Women Forward. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 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.

Statewide Microloan

Amount and term: USD2,500–50,000, repaid over three to six years.
Cost: Published8%interest and3%loan fee at closing; no prepayment penalty.
Eligibility: Michigan-registered for-profit startups and established businesses, including home-based and online operations.
Uses: Startup costs, inventory, equipment, marketing, rent and employee payroll.

Provider sources: Loan terms · Eligibility and mandate

Application review

Preparation: Business plan, historical financials where applicable, and financial projections.
Timeline: Typically four to six weeks after a complete application and documents.
Decision: Qualifying form precedes full review and committee approval; a qualifying result is not loan approval.

Provider sources: Application process

When it may fit

Our assessment of the published programs

Michigan businesses needing a smaller loan and preparation support.

What to weigh carefully

Funds cannot refinance debt, buy real estate or investments, or pay owners and affiliates.
Cannabis, lending/investment institutions and multi-level marketing businesses are excluded.

Questions before you accept an offer

What collateral and owner guarantees are required?
What net proceeds remain after the closing fee?
Does a local or limited-availability program fit my business better?

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.

OnDeck

Compare OnDeck’s business term loan and credit line.

Fora Financial

Compare Fora’s loans and revenue-based financing.

The lender

Type: Direct business lender
Legal name: Not yet provided Add it
Founded: Not yet provided Add it
Charter: Not yet provided Add it
Headquarters: Detroit, Michigan
Service area: Michigan, United States; local programs may have narrower boundaries.
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: miwf.org
LinkedIn: Not yet provided Add it

Loan officers at this lender

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

Not sure which lender to choose?

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Tell us what your business needs. Our team reviews your request before arranging the next step.

Charter and approvals

None on file yet.

Program availability

Michigan, United States; local programs may have narrower boundaries.

Sources: Michigan Women Forward financing (Oct 31, 2026), Michigan Women Forward contact information (Oct 31, 2026), Official brokerage logo (Oct 31, 2026), Loan terms (Oct 31, 2026), Application process (Oct 31, 2026).

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