Lender intelligence
Financing a recreational goods rental acquisition in Michigan
The SBA 7(a) lenders funding the most recreational goods rental 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 recreational goods rental · Michigan
Ranked by funded recreational goods rental acquisitions in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.5 loans · $1M · East Lansing, MIFull record →
2+ funded Recreational Goods Rental 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.
- Detroit Metro Ice Cream & Party Rentals L.L.C. in Sterling Heights, MI — $260K (2026) · purchase · Michigan Certified Development Corporation
- Program
- 7a General
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $195K (75%)
- Approval → funding
- 27 days
- Approved
- 1/21/2026
- First disbursed
- 2/17/2026
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Recreational Goods Rental
If you were the buyer here
- Est. deal size
- $289K
- Est. down payment (10%)
- $29K
- Est. cash at closing
- $39K
- Monthly payment
- $3,436
- Annual debt service
- $41K
- Cash flow needed (1.25×)
- $52K
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 Michigan Certified Development Corporation · Lender record →
Your business? Claim this record · Request removal
- Riverside Rosco LLC in Roscommon, MI — $458K (2021) · purchase · National Exchange Bank and Trust
- Program
- 7a General
- Rate at approval
- 5.5% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $412K (90%)
- Approval → funding
- 23 days
- Approved
- 5/12/2021
- First disbursed
- 6/4/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Recreational Goods Rental
If you were the buyer here
- Est. deal size
- $509K
- Est. down payment (10%)
- $51K
- Est. cash at closing
- $68K
- Monthly payment
- $3,153
- Annual debt service
- $38K
- Cash flow needed (1.25×)
- $47K
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 National Exchange Bank and Trust
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to recreational goods rental businesses with a Michigan project address.
Agent summary
How to finance a recreational goods rental 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. Michigan Certified Development Corporation funds the most here. DealRoom is not a lender.
- $346K typical loan
- 2 lenders active in Michigan
- 2+ funded Michigan deals
- 27 days typical to fund
Buyers buying a recreational goods rental 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.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources: