Opportunity Zones are a new concept enacted in the 2017 Tax Cuts and Jobs Act. The program is designed to incentivize patient capital investments in low-income communities nationwide that have been cut off from capital and [...]

Recently, the Grow Michigan team attended the annual meeting of the Michigan Economic Developers Association in Marquette. Along with the natural beauty of the Upper Peninsula we see tremendous economic opportunity in core industries such as, [...]

According to the U.S. Bureau of Labor Statistics, on a National level, employers added 224,000 jobs in June. Of the 224,000 jobs added, 17,000 were created in the manufacturing sector which followed a strong run of [...]

Our mezzanine financing is available to unleash growth in Michigan's lower middle market economy. We take a creative approach to structuring deals that is complimentary and subordinate to existing senior capital structures. Most importantly, we are [...]

Michigan is known as the nation's automotive capital, but our state economy is home to an array of businesses providing a diverse offering of goods and services. Beyond automotive, Michigan has established itself as a leader [...]

Since 2009, the Michigan economy has created over 640,000 jobs. This feat marks the longest period of sustained job growth since World War II. Manufacturing remains a key driver, having created over 190,000 of the aforementioned [...]

When thinking about Michigan industry, a discussion of automotive manufacturing is sure to follow. It is our state’s largest industry and home to one of five U.S. auto manufacturing jobs. According to the federal Bureau of [...]

The Purchasing Manager’s Index (“PMI”) is a widely-watched indicator of US economic activity. The index is based on a survey conducted by the Institute of Supply Management (ISM) of purchasing managers at more than 300 manufacturing [...]

Since inception, Grow Michigan has worked with our Senior Lending partners and business owners to create and protect over 3,000 jobs. We are able to do this by providing financing that falls outside of the traditional [...]

Recently, Grow Michigan worked with a senior lender to provide $2,000,000 of mezzanine financing to a tubing manufacturer. The manufacturer was underperforming their projections and consequently fell behind with their vendors. This problem was accentuated when [...]