Detroit Development Fund Small Business Loan

Detroit Development Fund

Available Small Business

About This Program

Detroit Development Fund Small Business Loan is available in Detroit, MI.

Detroit Development Fund (DDF) is a nonprofit CDFI providing small business loans from $5,000 to $200,000 for Detroit-area entrepreneurs. DDF focuses on businesses that cannot access traditional bank financing, with a focus on minority-owned, women-owned, and Detroit neighborhood businesses. Loans can be used for working capital, equipment, inventory, and real estate.

Business loans $5,000-$200,000; competitive rates for qualifying Detroit businesses

Official source site checked live on 2026-06-22.

Data last verified 2026-04-01. How we verify our data.

In Detroit, MI, you can combine this program with other local help to cut your cost:

Key Details

  • Small business loans $5,000-$200,000 for Detroit entrepreneurs
  • Focus on minority and women-owned businesses in Detroit neighborhoods
  • CDFI loans for businesses that can't access traditional bank financing
  • Can be used for working capital, equipment, inventory, and real estate
  • Contact Detroit Development Fund: (313) 596-8850

How to Apply

A grant-savvy contractor in Detroit, MI can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Detroit Development Fund Small Business Loan provide in Detroit, MI?

Up to $200,000.

Who qualifies for Detroit Development Fund Small Business Loan in Detroit?

Detroit Development Fund Small Business Loan is available in Detroit, MI. It has no income limit.

How do I apply for Detroit Development Fund Small Business Loan in Detroit, MI?

Apply directly with Detroit Development Fund using the official program link on this page or call (313) 596-8850. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Detroit, MI

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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