Looking for a commercial loan broker in Sterling Heights? A commercial loan broker shops your file across multiple lenders to find terms that match your business profile, without the markup or volume pressure of direct lenders.
A commercial loan broker acts as your advocate, matching your file to lenders who underwrite your industry, collateral type, and credit story. We submit your application to banks, credit unions, and non-bank lenders simultaneously, comparing rates and covenants so you choose the best fit. Because we're paid by the lender at closing, our service costs you nothing upfront. Sterling Heights manufacturers along Mound Road and retail operators near Lakeside Mall work with us to access lenders they'd never find on Google, especially when conventional banks decline the first ask.
Underwriters green-light broker submissions when the business shows consistent revenue, a clear use of funds, and enough equity or cash flow to service debt. Startups with strong owner liquidity, established companies buying equipment, and property buyers with 15-20 percent down all qualify. We broker SBA 7(a) loans, equipment financing, working capital, commercial real estate notes, business lines of credit, and invoice factoring. If your tax returns show two years of operation and your personal FICO sits above 650, most programs remain open.
How it works
You'll visit our office at 11080 Hall Rd, Sterling Heights, MI 48314, or call (586) 366-7772 to walk through your financials. We pull a soft credit inquiry, review two years of business and personal tax returns, and draft a deal summary that highlights strengths underwriters care about, debt-service coverage, collateral position, industry outlook. Within 48 hours, we present two or three lender options with term sheets. You pick one, we coordinate documentation, and the lender wires funds at closing. A Troy tool-and-die shop recently used this process to secure a commercial property mortgage broker package for a 12,000-square-foot expansion near 14 Mile, closing in six weeks because we knew which lender writes manufacturing real estate without requiring an environmental Phase II.
Every commercial business loan broker must hold state and federal licenses, carry errors-and-omissions insurance, and disclose lender relationships. We explain which lenders pay us and how that shapes the menu of options. Transparency means telling you when a file will struggle, thin cash flow, recent charge-offs, or a niche use of proceeds, so you can strengthen the story before submission. Sterling Heights sits ten minutes from our Hall Road office, and most clients in Clinton Township, Fraser, and Center Line prefer meeting in person to review underwriting checklists before the lender ever sees the file.
Related programs
Serving the Sterling Heights area
We know which lenders fund which kinds of Sterling Heights businesses, and we position your file where it fits.
One local broker, many lenders, and no cost to apply.
Common questions
Why Sterling Heights owners trust Lakeridge Commercial Capital
Talk to a local advisor and get matched to the right program, no obligation.
