A person dressed in blue and wearing a watch is seen holding a leafy Brussels sprout plant with broad green and purple-tinged leaves in a garden. There is more leafy green vegetation in the blurred background.

Finance Your Food or Farm Business

Access financing that can help grow your business. Discover how our loans, resources, and long-term partnerships can be tailored to you and your business.


Why Our Funding Stands Out

We See Your Potential

We see your potential

We offer an equitable approach to lending, supporting food and farm entrepreneurs on their path to success – including those who might not yet qualify for traditional financing.

We've Stood In Your Shoes

We've stood in your shoes

With our Michigan roots and deep community connections in the food and farm industry, we understand the challenges faced by entrepreneurs like you. Our experience positions us to provide support where traditional lenders might not.

We Meet You Where You Are

We meet you where you are

Understanding that no two entrepreneurs are the same, we tailor our financing options to ensure they align with the unique needs and specific goals of your business.

Be Part Of The Good Food Solution

Join food and farm entrepreneurs across Michigan who are making a meaningful impact in their communities.


Check Your Eligibility

We work with businesses across the food value chain, from growers to restaurateurs. Explore the criteria to see if you’re eligible.

We support a diverse range of businesses across the state and the food value chain. We have an emphasis on supporting food and farm businesses who are women-owned, represent communities that have been marginalized due to race, ethnicity, and/or gender, and/or serve under-resourced communities.

We support:

  • Growers
  • Infrastructure
  • Aggregators/Distributors
  • Product Makers & Value-Added Producers
  • Food Retailers
  • Food Service Providers

We offer support to food and farm businesses striving to overcome obstacles or expand, particularly those that improve access to culturally relevant food, create jobs, and strengthen local economies. To be eligible for assistance, your business should:

  • Be incorporated in Michigan
  • Have operated for at least one year
  • Show potential for profitability within the next year
  • Seek financing between $2,500 and $6 million
  • Meet our requirements for collateral, have a strong management team, and provide two-year financial projections

We look for businesses making a significant, positive impact in their communities. Our evaluation focuses on:

  • Local Economic Growth: Do your business support your local economy by offering jobs with fair wages and opportunities for advancement, particularly in under-resourced areas?
  • Support for Local Produce: Do you champion local produce, supporting Michigan farmers and businesses?
  • Racial and Social Equity: Does your business advance racial and social equity? Is your business women- or people of color-owned or, support employees with low-income, or offering culturally relevant food?
  • Environmental Stewardship: Are you committed to environmental resilience by choosing organic, sustainably grown goods, or minimizing food or packaging waste, and caring for our Michigan lands?

Ready to take the next step towards financing? Get in touch today. 

If you have already filled out a form and need to get in touch again, please send us a note at info@migoodfoodfund.org.

Loan Details And Terms

We provide flexible, patient capital structured to meet your needs. Our loans range from $2,500 to $6 million.

Loan uses include working capital, inventor, equipment purchase, real estate acquisition, property improvements and expansion, business process upgrades, and more.

Small- Scale Financing

Large- Scale Financing

Loan Amount

$2,500 to $250,000

$250,000 to $6,000,000

Interest Rates* Rate based on risk and use of funds. Rate resets may apply.


Prime rate+


2% Origination fee

1.25% Origination fee


Up to 10 years

Up to 10 years


Terms and payment schedules based on project needs and loan type.


Collateral in the form of business and/or personal assets, corporate and/or personal guarantees

Financing Partner

Detroit Development Fund, Fair Food Network, Grand Rapids Opportunities for Women (GROW), Michigan Women Forward, or other Lending Partners

Capital Impact Partners

How To Apply

Explore the application process step by step.

  • Step 1

    Express Your Interest

    Tell us about your business and aspirations. This allows us to begin exploring how our support can align with your vision.

    Start Your Inquiry
  • Step 2

    Partnering with Michigan Good Food Fund

    After receiving your details, we’ll connect with you to discuss your business objectives and explore how our resources can support your venture.

    Learn More About Our Priorities
  • Step 3

    Complete An Application

    If your business aligns with our mission, you will receive a loan application. Our team will provide a checklist and guidance to support you through this detailed step.

    Loan Process Checklist
  • Step 4

    Review & Approval

    Your application undergoes a comprehensive committee review process, ranging from initial screening to final funding. This typically takes several weeks to four months to complete.


Take The First Step

Start on your path towards flexible financing and tailored business assistance today. 

Mushroom Angel Company packaging Cruz Burgers in Detroit, Michigan.

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