If you're looking to secure small business start-up loans in Michigan, contact Michigan Certified Development Corporation today! MEDC and its network of local and regional partners provide small business assistance and small business resources throughout Michigan.This guide explores your best options for no-money-down business loans, including the advantages, disadvantages, and application process. Looking to secure a small business loan in Michigan? Here is list of 7 loans and grants you may want to pursue. Business plan - All applications require the submission of a complete business plan. The 7(a) loan program is SBA's primary business loan program for providing financial assistance to small businesses. You can go tell the owner you work for him in the next 3 years as down payment for the business. Get the financial assistance you need to scale your business with our small business loans and credit card options. If you have good personal credit, a bank or credit union loan, or a loan from the Small Business Administration, are all possible choices.