Michigan Rise Pre-Seed Fund provides early-stage funding, seed investment, and gap funding to technology startups to help commercialize innovative technologies.
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PO Financing

 

Cash flow woes? Not on our watch.

Growing a business is a rewarding journey filled with unique challenges—receiving more orders than your inventory or cash flow can handle doesn’t have to be one of them. The Michigan Rise Purchase Order Financing (P.O. Financing) program is designed specifically for young, growth-oriented B2B and B2G technology companies based here in Michigan. We provide access to working capital, so you can manage cash flow and fulfill your increasing order volumes.

  • Fast & Flexible Funding: We offer quick access to funds, allowing you to seize growth opportunities.

    Non-Dilutive Capital: We provide a reasonably priced non-dilutive capital, so you maintain control over your business.

    Efficient & Supportive Team: We take pride in our team's efficiency and dedication to your growth. Our staff brings a wealth of financing and operational experience to the table, ensuring that you're in good hands.

    Unlock Growth Potential: With Michigan Rise, you're not just securing funding; you're unlocking the potential to take your business to the next level.

  • • B2B and/or B2G technology companies

    • Based in Michigan, with the majority of your team members in the state

    • Have a recently executed purchase order

    • Maintain a good financial standing

    • Founded within the last ten years

  • Our aim is to support young companies that might not have access to debt financing elsewhere. Here's what you get when you choose Michigan Rise:

    • Company-friendly APR and processing fees

    • Short-term loans up to 180 days

    • No personal guarantee required

    • Leverage up to $250,000 on the first term note*

    • Revolving facility of up to $500,000 across multiple purchase orders

    • Funds remitted directly to the borrower (not the supplier) at closing

    *Loan amounts are subject to financial underwriting and qualifying purchase order amount.

The Michigan Rise P.O. Financing program is a great source of non-dilutive capital, from a partner that I trust.
— Peter Falzon, Founder, Ripple Science

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