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Mark Sanchez

Mark Sanchez

Senior Writer

msanchez@mibiz.com

Commercial lending by credit unions could get a boost through an agreement between two federal agencies that would increase access to credit for small businesses.

The regional economic recovery “is one of the most impressive across the Midwest region,” led by the manufacturing sector that’s now followed by expansion in other industries, according to the latest PNC outlook that covers a broad market that includes Grand Rapids, Kalamazoo, Battle Creek and Lansing.

A $66.4 million expansion and renovation project provides Mary Free Rehabilitation Hospital the space to grow and to become a national destination for care.

Priority Health has another way for members to calculate what an upcoming medical test or procedure will cost, and then maybe shop around for a better bargain.

Steering the focus to major investments that can affect the market, Alliance for Health has altered its criteria for reviewing health care projects that require state certificate-of-need approval.

Raising $10.6 million provides Grand River Bank’s parent company with added capital to drive further growth and pursue new business as some competitors are either now part of larger banks or are merging into larger institutions.

As the availability of venture capital increases further in Michigan, investors are steering more money and cutting more deals to invest in technology-based sectors.

A new style of credit cards and debit cards designed to reduce fraud will require retailers to upgrade equipment by this coming fall to accept customer payments, or potentially get stuck with the liability for an incident.

Start Garden LLC, the Grand Rapids-based $15 million venture capital firm started three years ago to seed startup companies, now wants expand its offerings to provide early growth capital to the companies it backs.

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February 2015
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