Growing Your Green with Bank Michigan
The cannabis industry is growing in Michigan, planting roots in our communities and helping create jobs to bolster your community. The future is in growing green; and cultivating a new business in the cannabis industry needs guidance. Bank Michigan can offer expertise in cannabis banking through our dedicated team, suite of products, and specialty services customized for your business. We serve the entire industry from grow and cultivation to packaging and distribution, to retail sale. We also serve those who support the industry as vendors; those who aren't license-holders but derive significant revenue from the cannabis industry. We even provide checking accounts to individuals who are employed in the cannabis industry who may not be able to bank elsewhere.
We help make your banking experience in the cannabis industry easy, secure, and personalized. We have insight on the entire industry and can serve you no matter what sector you specialize in, from cultivation to retail. We are not a big bank that thinks of its customers as account numbers, we thrive on serving the people in our community. An entrepreneur seeking to obtain a cannabis license must go through the proper channels to start their journey. At Bank Michigan, we can help you navigate your licensing process or provide you with banking solutions when other banks can’t. Equipped with 100 years of experience in serving small businesses, we have the capacity to handle your financial needs. We know the cannabis industry can be complex, but selecting a banking partner doesn’t need to be. Whether your business is in hemp, marijuana, CBD/THC, or dispensaries, your cannabis business can depend on Bank Michigan.
Our services are created to make banking a welcoming process, not an impossible frustration. We offer CRB business loans, simplified pricing, interest-bearing deposit accounts, and one-on-one service. Bank Michigan is a full-service cannabis-friendly bank, so you can focus on your business, and we can focus on the banking.
Checking Accounts
The increase in demand for a new type of green has garnered banking that offers specialized services. Bank Michigan is a bank that provides safety in this thriving industry. Shifting regulations require tailored processes to take your cannabis business to the next level. Bank Michigan can create secure systems to help you manage your money. Whether you’re starting a cannabis business, operating one, or are employed in the industry, your cash is handled with care from your place of business to ours.
The growth of your business is of the utmost importance to us. We provide banking tools and solutions that cater to your specific needs and empower your business, such as:
- Cash security and courier services
- Online banking
- ACH origination
- Wires
- Positive pay
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Cannabis Lending
Loans are made simple through better banking with Bank Michigan. Every day, we strive to improve our financial systems and create connections with every interaction. Financing your cannabis business is not an easy thing to do alone, and with Bank Michigan, you won’t be. We support you throughout the lending process to provide you with the capital you need to cultivate your business via personalized cannabis-related real estate financing.
Our expert team will discuss your business objectives and provide specialized solutions for you. We can take on any project, from start-ups to storefront mortgages. Bank Michigan is at your service. At the start of your application to your approval, we design a plan exclusively for you.
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Specialized Cash Services for the Cannabis Industry
The strength of your business depends on a few key factors such as your business plan, your vendors, your employees, and management of your finances. Bank Michigan can provide you access to the financial system to support your success.
We understand how integral support is whether you’re navigating a new or an established cannabis business. Rely on Bank Michigan and our over 100 years of serving small businesses in Michigan to offer personalized service, custom tailored solutions, safety, transparency, and financial guidance that will help keep you on track.
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