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Old National Bank’s acquisition of 20 Bank of America offices brings a new competitor into the Southwest Michigan market, one that has plans for a larger footprint.

Published in Finance

After tripling the available funding for microloans that support small business owners, Grand Rapids Opportunities for Women (GROW) now wants to partner with local banks to sustain the initiative well into the future.

Published in Finance

As established small and midsize companies, particularly manufacturers, look to grow, many of them run into challenges accessing traditional business loans from banks.

Published in Finance
Sunday, 03 March 2013 22:00

Mezz fund aims to bridge lending gap

The creation of a new mezzanine fund gives small businesses across Michigan one more option to consider when they’re pursuing growth capital.

Published in Finance

Automotive suppliers across West Michigan have no shortage of opportunities these days. Vehicle production volumes are up, new product launches are on the rise, and automakers increasingly insist that their suppliers have a global footprint.

Published in Manufacturing

Steve Hawks, senior vice president and investment advisors manager at Fifth Third Bank in Grand Rapids, expects a “short period of optimism” now that some uncertainty has been removed with the election, “but the big thing looming on the horizon is the fiscal cliff.”

Published in Focus

Most banking markets across West Michigan grew from mid-2011 to mid-2012 after a one-year decline from 2010.

Published in Finance

Two decades of merger experience have prepared Wolverine World Wide Inc. for the biggest acquisition in the company’s history and one of the largest and most complex deals ever in the footwear industry.

Published in Manufacturing

When it came time for a Standish-based plastic molding company to grow, the company went looking for a loan to finance an expansion. But the firm didn’t qualify for a loan because of a lack of adequate collateral, the result of the recession that pushed down the valuation of many companies.

Published in Finance

You can smell the “new” the moment you walk in the door of the Mirador Family Wealth Advisors offices, adjacent to the Fifth Third Bank building in downtown Grand Rapids. You can almost, but not quite, smell the money. That will come later.

Published in Design Build
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