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SBA Loans

Small Business Administration (SBA)

SBA is a branch of the federal government. At Financial Plus you have access to the two most popular SBA programs, 504 and the SBA 7(a). The SBA 504 loan program is used to finance the purchase of real estate and equipment and the SBA 7(a) loan program can be used to finance A/R, inventory, equipment and real estate.

Your SBA loan is funded by us, and a portion of the loan is guaranteed by the federal government. In order to obtain an SBA loan, businesses must meet certain qualifying criteria.

Ready to get started? Together our team of commercial experts bring knowledge and value that goes beyond our products. Learn more about our lenders here.

To qualify you'll need:

  • Proof of cash flow
  • 660 minimum credit score
  • Management capability
  • Collateral
  • Personally guarantee the loan (only for individuals who own 20% or more of their business)

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SBA 504 Program
Michigan Certified Development Corporation

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SBA 7a Program
Small Business Administration

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SBA Resources
Michigan Economic Development Corporation 

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All your banking in one place

Easily control your money by having your personal and business accounts with Financial Plus. 

Apply Online

Meet the experts

"It's our goal to be our business members' most trusted advisor."

Bringing over 30 years of financial services and commercial lending experience, Nathan has held roles from internal audit, underwriting, lending and sales leadership.  Nathan leads the Commercial team which provides services across the state of Michigan.  He takes the time to know and understand his business members so that he can provide them with the best solution and experience.

Community action: Flint and Genesee Chamber, Waterford Chamber of Commerce, Treasurer for Flint Swim and Racquet Club

Phone: (810) 244-2801
"I enjoy building lifelong service relationships with our members. From their first business endeavor to their largest, I want to be there"

Matt brings over 11 years of commercial business experience to our membership. Specializing in small business and equipment loans, Matt likes to service a variety of business membership requests.

Community action: Imlay City Rotary, Premier Night Fundraisers, and local Chambers of Commerce.

Phone: (810) 244-8016
Bringing over 22 years of banking and commercial experience, John Hunter has held roles from underwriting to lending. Hunter has extensive experience with SBA lending for businesses, winning awards for SBA 504 deals.

Community action: Optimist club, Flint Chamber, Boys and Girls Club of Flint, Great Lakes Bay Economic Club

Phone: (810) 600-3315
"I strive to build long term member relationships by providing superior service with an upbeat and professional attitude"

Bringing over 30 years of financial services and banking experience, Amy has held roles in retail banking, mortgage banking, business banking and wealth management.  Amy strives to make excellent member experience at the heart of what she does on a daily basis.

Community action: President Burton Kiwanis, Food Bank of Eastern Michigan, Hurley Children's Hospital

Phone: (810) 244-2848

Solutions for every aspect of life

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Looking for a new house? Let us help get you into your dream home.

Home Loans

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A loan for your every need, location, home improvement, you name it!

Personal Loans

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Have a question? Grab our contact info or fill out a short form.

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Equal opportunity lender. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval. See Credit Union for complete details.