Lender intelligence
Financing a industrial machinery and equipment merchant wholesalers acquisition in Michigan
The SBA 7(a) lenders funding the most industrial machinery and equipment merchant wholesalers acquisitions in Michigan, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in industrial machinery and equipment merchant wholesalers · Michigan
Ranked by funded industrial machinery and equipment merchant wholesalers acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public industrial machinery and equipment merchant wholesalers loan history in Michigan to rank lenders yet. See industrial machinery and equipment merchant wholesalers lenders nationwide →
4+ funded Industrial Machinery and Equipment Merchant Wholesalers in Michigan deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- BMH Equipment, LLC in Grand Rapids, MI — $599K (2022) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $449K (75%)
- Approval → funding
- 5 days
- Approved
- 8/10/2022
- First disbursed
- 8/15/2022
- Loan status
- Paid in full (6/30/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $666K
- Est. down payment (10%)
- $67K
- Est. cash at closing
- $89K
- Monthly payment
- $7,347
- Annual debt service
- $88K
- Cash flow needed (1.25×)
- $110K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
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- OCH Holdings, LLC in Otsego, MI — $2.8M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $2.1M (75%)
- Approved
- 12/11/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $3.1M
- Est. down payment (10%)
- $312K
- Est. cash at closing
- $431K
- Monthly payment
- $25,253
- Annual debt service
- $303K
- Cash flow needed (1.25×)
- $379K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Otsego Crane & Hoist LLC in Otsego, MI — $2.8M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $2.5M (90%)
- Approval → funding
- 12 days
- Approved
- 2/16/2021
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $3.1M
- Est. down payment (10%)
- $306K
- Est. cash at closing
- $423K
- Monthly payment
- $24,418
- Annual debt service
- $293K
- Cash flow needed (1.25×)
- $366K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Otsego Crane & Hoist LLC in Otsego, MI — $200K (2021) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (75%)
- Approval → funding
- 11 days
- Approved
- 2/17/2021
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,121
- Annual debt service
- $25K
- Cash flow needed (1.25×)
- $32K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a industrial machinery and equipment merchant wholesalers deal in Michigan? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to industrial machinery and equipment merchant wholesalers businesses with a Michigan project address.
Agent summary
How to finance a industrial machinery and equipment merchant wholesalers acquisition in Michigan with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Michigan deals. DealRoom is not a lender.
- $1.0M typical loan
- 2 lenders active in Michigan
- 4+ funded Michigan deals
- 11 days typical to fund
Buyers buying a industrial machinery and equipment merchant wholesalers in Michigan typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.