Business Services · lender intelligence

How to finance a TeamLogic IT in Michigan

State:

The SBA 7(a) lenders funding the most TeamLogic IT deals in Michigan, from public loan records — typical TeamLogic IT loan about $150K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance TeamLogic IT in Michigan

$145K

Typical loan

range $50K–$150K

$161K

Est. purchase price

≈ loan ÷ 90%

$20,694

Cash to close

$16,067 down + fees

$2,117/mo

Typical payment

~12.5% · 10yr

$29,215/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

1 days

Typical time to fund

Lenders competing

more = leverage

9.25%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with TeamLogic IT in Michigan

Ranked by funded TeamLogic IT loans in Michigan. Tap a lender for its full record, or hit Get in touch for an introduction.

1.318 loans · $229M · Osage Beach, MOFull record →
2.575 loans · $220M · De Graff, OHFull record →

3+ funded TeamLogic IT in Michigan deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Technology 360, Inc in Troy, MI — $145K (2023) · First Bank of the Lake
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$123K (85%)
Approval → funding
1 days
Approved
1/4/2023
First disbursed
1/5/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Computer Facilities Management Services
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
Technology 360, Inc in Troy, MI — $50K (2023) · First Bank of the Lake
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approval → funding
1 days
Approved
1/4/2023
First disbursed
1/5/2023
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Computer Systems Design Services
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
MICHIGAN LOGIC L.L.C. in Troy, MI — $150K (2020) · United Midwest Savings Bank National Association
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
102 months
SBA guaranteed
$128K (85%)
Approval → funding
24 days
Approved
11/6/2019
First disbursed
11/30/2019
Loan status
Failed — $136K charged off (10/20/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
3
Business age
Startup, Loan Funds will Open Business
Industry
Other Management Consulting Services
Funded by United Midwest Savings Bank National Association · Lender record →
Your business? Claim this record · Request removal

Buying a TeamLogic IT in Michigan? Start with a lender that funds them here

We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.

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Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded TeamLogic IT loans with a Michigan project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a TeamLogic IT purchase in Michigan with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Michigan deals. First Bank of the Lake funds the most here. CapBench is not a lender.

$150K typical TeamLogic IT loan
2 lenders active in Michigan
3+ funded Michigan deals
1 days typical to fund

Buyers buying a TeamLogic IT in Michigan typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All TeamLogic IT lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/teamlogic-it/michigan
API:: https://www.capbench.com/api/public/lenders?franchise=teamlogic-it
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.