Insights, Success Stories & Growth Opportunities
Stay informed on Grow Michigan II investments, borrower successes, industry trends, economic development initiatives, and upcoming events supporting Michigan’s business community.
Grow Michigan & First Independence Bank Team Up
Grow Michigan 2 announces partnership with First Independence Bank to make mezzanine funds available to minority owned businesses. Hear Pat O'Keefe, CEO from Grow Michigan, and Derron Sanders, board member of First Independence Bank, discuss the [...]
Can your clients benefit from Grow Michigan Mezzanine Financing
Grow Michigan mezzanine financing can provide capital when there is insufficient equity from ownership or when a company has maximized its senior debt borrowing capacity. In the capital structure, Grow Michigan mezzanine capital sits between equity [...]
A Big Week in Washington
It has been a big week for International trade in Washington. The U.S. and China signed phase one of a trade deal and the Senate passed the U.S.-Canada-Mexico trade agreement (“USMCA”). Seemingly great news, but what [...]
Job Creation: A Year in Review
The U.S. economy added 145,000 jobs in December, which missed analyst expectations of 160,000. Although this number disappointed analysts, 2019 was a remarkable year for job growth. In totality, the U.S. economy had its 111th straight [...]
Spotlight on the News: Getting ready for Grow Michigan II
On Sunday, December 15, Spotlight on the News interviewed COO Russell Long about Grow Michigan's success and next phase of lending.
Surging Small Business Optimism
The National Federation of Independent Business (NFIB) was founded in 1943 and is the largest small business association in the United States. NFIB is a non-profit that advocates on behalf of America's small business owners and [...]
Persistently Low Inflation
The Bureau of Labor Statistics reported that annualized U.S. inflation for the month of October was 1.3% which marks almost a decade of inflation below 2.0%. Following October's report, Federal Reserve Chairman Jerome Powell stated, "We [...]
Yield curve inversion, now what?
The yield curve often discussed in financial media outlets refers to a graph depicting yields on U.S. Treasury bonds at various maturities. On this graph, the x-axis represents the time until a bond matures and the [...]
The History of ‘Made in America’
It seems that no time in recent memory has such impetus been placed on American manufacturing as it is now. This emphasis on American made goods is spurring growth and creating positive headline news like, luxury [...]
It’s That Time of the Month
On the first Friday of every month the employment report is released by the Bureau of Labor Statistics, providing data covering the previous month. The report contains information on unemployment, job growth and payroll data, among [...]
