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ChoiceOne Bank (MI)

7a General
Asset Base Working Capital Line (CAPLine)
Change of Ownership
Existing or more than 2 years old
Fixed Rates
# Loan Funds will Open Business
# New Business or 2 years or less
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approval Count : 33
SBA Loans Total Approval Amount YTD: $20,041,500
Average SBA Loan Size: $607,318
Average SBA Loan Rate over Prime (this number plus current prime rate): 1.00
ChoiceOne Bank (MI)

Unlock Your Financial Potential with ChoiceOne Bank (MI)

ChoiceOne Bank, headquartered in Sparta, Michigan, is a trusted community bank serving individuals and businesses across West and Southeast Michigan. Known for its relationship-based approach and local decision-making, ChoiceOne provides flexible business banking and SBA lending solutions that empower small businesses to grow, innovate, and strengthen Michigan’s economy.

Key Features of ChoiceOne Bank

  • Comprehensive Business Banking: ChoiceOne offers business checking and savings accounts, merchant services, cash management, and online tools designed to streamline operations and simplify your financial management.
  • SBA Loan Expertise: ChoiceOne Bank is an experienced SBA lender participating in SBA 7(a) and 504 loan programs. Its dedicated business banking team helps entrepreneurs navigate the SBA process and secure affordable, government-backed financing for working capital, real estate, or equipment purchases.
  • Flexible Commercial Lending: In addition to SBA loans, the bank provides term loans, business lines of credit, commercial mortgages, and agricultural financing with quick decisions made locally.
  • User-Friendly Digital Banking: Modern online and mobile banking platforms allow businesses to manage accounts, send payments, and monitor cash flow 24/7.
  • Commitment to Community: As a Michigan-based community bank, ChoiceOne is deeply invested in supporting local businesses, fostering job growth, and promoting long-term community success.

Why Choose ChoiceOne Bank for SBA Loans?

ChoiceOne Bank combines the personal service of a community institution with the experience needed to deliver SBA-backed financing efficiently. Its SBA specialists work one-on-one with business owners to understand their goals, streamline loan approvals, and provide competitive terms that fit their needs. Whether you’re starting a new venture or expanding your existing operations, ChoiceOne helps turn your business vision into reality.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the ChoiceOne Bank Business Banking page to explore current offerings, review eligibility, and connect with a local SBA specialist who can guide you through the process.

Empower your financial future today with ChoiceOne Bank — where Michigan businesses come to grow.

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SBA Loans Total Approval Amount YTD: $2,057,500
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Average SBA Loan Size: $356,097
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SBA Loans Total Approval Amount YTD: $16,061,000
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