Strong Local Presence MCDC's extensive network across nearly 90 percent of Michigan's counties and its seven regional offices demonstrate a robust local presence, making it an ideal partner for financial institutions seeking to expand or deepen their community engagement within Michigan.
Economic Impact Focus As a nonprofit with all profits retained within Michigan, MCDC maintains a strong focus on supporting regional economic development, creating opportunities for partnerships with local governments, economic development agencies, and socially responsible investors interested in community growth.
Specialized Financing Expertise MCDC specializes in SBA 504 and 7(a) financing, presenting a valuable opportunity for banks or fintech firms looking to expand their product offerings by collaborating on small business financing solutions tailored to Michigan's business landscape.
Growth and Staffing Recent hires of loan officers indicate active efforts to increase lending capacity, which could open opportunities for third-party vendors in training, loan management technology, or loan origination platforms to support MCDC's growth initiatives.
Digital Infrastructure Utilizing modern digital tools like Drupal, WordPress, and HTTP/3 suggests MCDC values technological efficiency; partnerships with technology providers offering updated web solutions, customer engagement platforms, or cloud services could enhance their outreach and operational efficiency.