Sponsor Spotlight: Genisys Credit Union

Genisys Credit UnionGenisys Credit Union is a not-for-profit, member-owned financial institution that has been committed to helping its members since 1936. Based out of Auburn Hills, Mich., the credit union has grown to become the fourth largest in Michigan serving over 242,000 members across 32 branch locations. They specialize in providing consumer and business financial solutions to support members along their financial journeys.

In partnership with Main Street Oakland County (MSOC), they created the “Spirit of Main Street” Micro Business Startup Grant Program to support the attraction, retention and growth of small businesses in historic downtowns and commercial corridors in Oakland County. They began their efforts in 2018 and, to date, have supported nearly 50 small businesses across various downtown areas ensuring they remain vital and attractive destinations for residents and non-residents alike.

Outside of the program with MSOC, they work to meet the emerging needs of their small business members to ensure they are set up for success to create a thriving work and community environment. Genisys offers various small business lending solutions, like micro business loans and commercial loans.

Their micro business loans allow small businesses financial support for an auto loan, line of credit, business credit card, or machinery / equipment. For larger lending needs, they work with Michigan Business Connection and government agencies. This includes SBA and USDA guaranteed loans where a portion of the loan is guaranteed by government agencies to help provide resources to borrowers.

Visit www.genisyscu.org/business/business-lending for information.