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Loan Denial Could Cost Cat Millions

Construction Equipment

Caterpillar’s mining division could lose up to $650 million in sales if Minnesota and Michigan lawmakers convince U.S. Export-Import Bank to deny financing for an Australian mine, according to the Milwaukee Journal Sentinel.'

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Snapshots: 60 Seconds… With Michael Finney, President And CEO, Michigan Economic Development

Buisness Facilities Contributed Content

Michael Finney, President and CEO, Michigan Economic Development. BF: The Michigan Business Development program offers cash incentives in increments up to $10 million. We give preference to businesses that need assistance for deal-closing or those second-stage companies that need gap financing. By the Business Facilities Staff.

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$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

The FlintNOW Foundation and Huntington Bank have announced a multi-million economic development partnership aimed at boosting the economy of Flint, Michigan, and providing relief to local businesses and residents affected by the ongoing water crisis in that city. Flint, Michigan.

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SBA 504: Funding Business Growth with Less Capital

Wolgast Corporation

In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. Being able to finance 80-90% of the cost couldn’t be a better deal for these companies. Treasury issues plus approximately 3% in fees.

Banking 62
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Toyota Moving North American Headquarters to Plano, TX; Generating 4,000 Jobs

Buisness Facilities Contributed Content

Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. At the same time, Toyota will expand the Toyota Technical Center (TTC) in Michigan to accommodate the relocation of direct procurement from Erlanger, KY, to its campus in York Township near Ann Arbor. Calty Design Research facilities.

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Three Common Misconceptions about Design Build Construction

Wolgast Corporation

Phase I of the Design-Build method establishes preliminary drawings for a nominal fee with enough information to get a preliminary budget, so a business owner can take the information to the bank for financing. While the budget is not exact, it’s in the ballpark.

Design 62
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Feature Story: Public-Private Partnerships – An Alliance For Progress That Works

Business Facilities

Navy Federal Credit Union, Bristol-Myers Squibb and Deutsche Bank. The Michigan Economic Development Corporation (MEDC) is helping to transform the Michigan economy by growing and attracting business, keeping talented residents in the state and revitalizing urban centers. billion in investments and add 4,590 jobs in Michigan.

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