From tax credit investments to financing high-growth businesses, our Merchant Banking team provides unique and innovative financing to meet your needs.
Our team of experts will help unlock equity created by tax credit incentives or access alternative sources of financing to fund your business.
Tax Credit Investment – We have extensive experience in investing in development projects or businesses that generate tax credits. These credits include:
Federal Historic Tax Credits – Offered to developers to encourage rehabilitation of historic buildings.
Low Income Housing Tax Credits – Provided to finance the development and construction of affordable rental housing.
New Markets Tax Credits – Available for operating businesses or real estate projects located in designated low income communities.
Construction Lending and Bridge Financing – Due to our expertise in tax credits and the flexibility of our banks, The Bank of Holland and The Bank of Northern Michigan, we offer bridge financing and construction loans for tax credit projects. As both the investor and bridge lender, we provide a one-stop-shop for financing alternative assets.
Mezzanine Financing – If you’re looking for a partner to finance growth or expansion, our Merchant Banking team provides mezzanine financing to fund unique opportunities. Through our partnership with GrowMichigan we can serve as a financing source for business transition and growth.
Loan Purchases – We are actively seeking to buy loans or debt portfolios from financial institutions, finance companies, or other sources.
Expertise – Our team has a deep understanding of tax credit finance. We work to structure a valuable investment resulting in a strong project and successful business.
Our Banks – Through our banks, The Bank of Holland and The Bank of Northern Michigan, we provide bridge and construction financing as well as other loan products. When acting as both lender and investor, we provide an efficient solution to financing an entire project.
SBA / USDA – The Bank of Holland and The Bank of Northern Michigan combined form the #1 Michigan based SBA Lender and the #1 Michigan bank in USDA lending volume. We successfully combine these programs with tax credit financing in order to fund unique projects throughout the state.
Flexibility – If issues arise, we have the ability and autonomy to respond quickly.
Access – Our team is here to help. From personally answering questions to providing timely responses to your opportunities, we are always within reach.
Community Impact – We know that redevelopment adds value to our communities. We work in close partnerships with developers, city managers, and DDAs to cultivate successful and impactful projects.