Business Loans in Troy, MI

Looking for business loans Troy can trust? Lakeridge Commercial Capital connects Troy companies to SBA 7(a) loans, working capital, equipment financing, business lines of credit, invoice factoring, and more.

Business Funding for Troy's Diverse Economy

Troy companies need capital that fits their industry. Whether you operate along the Big Beaver Road corridor, inside Troy Tech Park, or near Somerset Collection, our brokerage matches your file to the right funding program. We serve manufacturers supplying the automotive sector, professional-services firms in the office towers along Crooks Road, and retailers navigating seasonal cash-flow swings. Troy's economy blends advanced manufacturing, corporate headquarters, and healthcare providers, and each sector presents underwriters with different risk profiles. We translate your business story into the documentation lenders want to see, then shop your file across our network to find terms that work.

Loan programs

Programs Available Through Our Sterling Heights Office

Our brokerage arranges multiple commercial finance solutions for Troy businesses. SBA loans deliver long-term, lower-cost capital for real estate and expansion. Working capital loans cover payroll, inventory, and seasonal gaps. Equipment financing funds machinery, vehicles, and technology without draining cash reserves. Business lines of credit provide flexible access for ongoing expenses. Invoice factoring converts receivables into immediate cash. Merchant cash advance suits high-volume retail and hospitality. Short term business loans bridge urgent needs. Small business loans offer straightforward funding for growing companies.

Each program has distinct underwriting criteria. We walk you through revenue thresholds, time-in-business requirements, collateral expectations, and credit standards before you apply.

How a Broker Serves Troy Business Owners

Brokers present your file to multiple funding sources instead of one in-house committee. You gain access to banks, credit unions, alternative lenders, and SBA-preferred partners from a single conversation at our Sterling Heights location on Hall Road, minutes from Troy via I-75 or Big Beaver. We assemble financial statements, tax returns, business-plan summaries, and collateral schedules in the format each underwriter prefers. When one lender declines, we pivot to another without starting over. This approach saves Troy owners weeks of legwork and increases approval likelihood because we know which institutions favor your industry and deal size.

Call (586) 366-7772 to discuss your Troy business-loan scenario. Our office at 11080 Hall Rd, Sterling Heights, MI 48314 is a short drive north, and we understand the financing challenges Troy companies face daily.

Read more

What we broker

Loan programs for Troy businesses

Serving the Troy area

Local guidance across Sterling Heights, MI

Lakeridge Commercial Capital in Sterling Heights, MI

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.

See loan programs →

Common questions

Common questions about business loans in Troy

What types of Troy businesses qualify for commercial loans?+
Manufacturers, professional-services firms, healthcare providers, retailers, restaurants, and technology companies all qualify if they show consistent revenue, manageable debt-to-income ratios, and clear use of funds. Underwriters evaluate industry risk, time in business, and ownership credit separately, so a strong operational history often offsets moderate credit scores.
How long does the business-loan process take in Troy?+
Timeline depends on program and documentation readiness. Working capital and merchant cash advance can fund within days once paperwork is complete. SBA 7(a) and commercial real-estate loans typically require four to eight weeks for underwriting, appraisal, and closing. We accelerate the process by submitting clean files upfront.
Do I need collateral for a Troy business loan?+
Collateral requirements vary by program and amount. SBA loans and equipment financing tie to specific assets. Unsecured working-capital products exist but carry stricter revenue and credit criteria. We identify which collateral you already own, real estate, receivables, inventory, machinery, and structure the loan around it.
Why use a broker instead of applying directly to a bank?+
A broker shops your file across multiple institutions simultaneously, increasing approval odds and competitive pressure on terms. Direct bank applications trigger hard inquiries and limit your options to one underwriting committee. We handle rejections privately and pivot quickly, preserving your credit profile and saving time.

Why Sterling Heights owners trust Lakeridge Commercial Capital

Licensed Commercial Loan Broker
Broker, Not a Lender
No Upfront Fees
Confidential & Secure
Local to Sterling Heights, MI
National Lender Network

Ready to move on funding?

Talk to a local advisor and get matched to the right program, no obligation.

Apply Now →
Apply NowCall now