Find the Right Business Loan in Plymouth, MI
Take your business to the next level with help from Clark Commercial Brokerage, LLC. We’re the team to trust when you need a business loan in Birmingham, MI, Ann Arbor, or Livonia that fits your current circumstances and your vision for the future. Explore our many options, and then contact us for further details.
Unsecured Business Loan
If your businesses averages at least $10,000 a month in bank deposits, an unsecured loan might be right for you. We work with business owners representing over 650 SIC-code businesses in all 50 states, as well as those with a wide range of credit scores. Up to 60% of companies in our core industries get approved, and we often work with more esoteric industries, so don’t hesitate to contact us for more information on our unsecured business loans.
Thanks to our relatively quick approval process (outlined here), you will receive a quote within 1 business day if you’re eligible. We fund $10,000 to $5,000,000 to small and medium-sized businesses that have been established for at least 1 year.
|
 |
Deposits
Depending on your industry, the money may be deposited into your account in as soon as 2 business days. You must first fill out a merchant prequalification form. Once pre-approved, we gather documentation to accompany the application.
Documentation
For most industries, we request 3 to 4 months of business bank account statements with all pages included, and, if applicable, 4 months of credit card processing statements. If you have an open bankruptcy case, it will not disqualify you from our unsecured business loans as long as it is more than 1 year old. Small business owners do not have to pledge any personal collateral. Business plans are not necessary.
Terms
Terms are shorter for unsecured loans, typically from 3 to 24 months. The loans are paid back on a daily basis at a fixed amount, and they are taken out over 22 business days per month, not including weekends.
Streamline Renewals
Members in good standing can take advantage of our streamlined renewal process. For example, if we can't get you enough capital for your first loan, with your timely payment history for the first 60 to 90 days, we can inject more capital into your business. If it's possible to work your project in phases, we can accommodate you with renewed unsecured business loans.
Industries We Service
We service the following industries but are not limited to these industries. If your industry is not listed below please contact, Jason Clark, so he can find a solution for your business. Our service extends to the following industries:
- Gas Stations
- Food & Beverage
- Funeral Homes
- Hotel & Motels
- Gym & Fitness Centers
- Automotive Services
- Beauty & Barber Shops
|
- Medical
- Retail
- Coffee Shops
- Restaurants
- Bars & Night Clubs
- Laundry & Dry Cleaning
- Doughnut & Bagel Shops
|
- Bakeries
- Theaters
- Gift Shops
- Auto Parts
- Clothing Stores
- Veterinary Services
- Card & Novelty Stores
|
- Florists
- Drug Stores
- Liquor Stores
- Hardware Stores
- Pet & Pet Supply Stores
- Landscaping Companies
- Tobacco & Cigar Shops
|
- Nurseries
- Toy Stores
- Bike Shops
- Car Washes
- Hobby Shops
- Tanning Salons
- Sporting Goods
|
|
|
|
| Revenue Based Business Loan
When you need working capital to expand to a new location or renovate your existing property, our revenue-based business loans can help. They can also cover any business expenses as needed.
Deposits
Depending on the industry you’re in, the money can be deposited into your account as quickly as 1 business day. We request that you fill out a merchant prequalification form first. Once pre-approved, we collect the appropriate documentation for your application.
|
 |
Documentation
We usually need 4 months of bank account statements with all pages included. If applicable, we may also request 4 months of credit card processing statements.
Terms
Revenue-based business loans operate on short terms, usually 3 to 24 months. You can borrow anywhere from $20,000 to $5,000,000 based on your company’s performance.
Benefits
No collateral needs to be pledged to receive this loan. Contact us to get your application started.
|
|
|
Equipment Financing
Sometimes you need to invest in certain equipment to elevate your business. That’s why we offer equipment financing, a convenient and easy way for small business owners to acquire the fixed assets they need.
Documentation
To apply for this quick business loan, you must fill out an application and submit the appropriate documentation: 4 months of bank statements and a copy of the invoice for the equipment you intend to purchase.
|
 |
Terms
Equipment financing terms last anywhere from 1 to 5 years. You may borrow amounts from $20,000 up to $5,000,000
Benefits
These loans move quickly; they can take as little as 1 business day for approval. The interest may be tax deductible, and you might be able to use the equipment you are purchasing as collateral.
|
|
|
Commercial Mortgage
For Purchase or Refinance
A commercial mortgage is secured by a commercial property where proceeds acquired from the mortgage loan are used to expand, refinance, or renovate your commercial property. Talk to our team to discuss the details of this type of business loan.
Documentation
To get started, you’ll need to fill out a loan application and provide 4 months of bank statements. You also need to submit 2 years of business tax returns.
|
 |
Terms
Loan terms range from 5 to 30 years. You may borrow from $150,000 up to $50,000,000.
Benefits
Bad credit is not an issue when working with us. Approvals come within 3 to 5 business days. Closing will typically take 3 to 4 weeks.
|
|
|
Business Term Loans
When your company needs a loan for a long term investment, consider a business term loan. These small business loans allow you to purchase equipment, expand your current location, and more since you’ll be borrowing a lump sum. Terms last 1 to 5 years, and you can borrow from $25,000 to $500,000. Often, approved clients can be funded in 1 week.
|
|
|
Business Line Of Credit
Get total flexibility with a business line of credit you can use as you need. If you have been in business for at least a year, you may qualify for up to $250,000. We can approve your company in as little as 1 to 2 business days.
|
|
|
|
