An innovative partnership between North Central Area Credit Union and Element 22 Commercial Group (“Element 22”) is expanding commercial lending opportunities—and strengthening support for small businesses in the community.
Small businesses are the backbone of local economies. They reinvest dollars in the communities they serve, create jobs, and provide products and services rooted in our hometowns.
Yet for many credit unions, commercial lending can feel out of reach. Limited internal resources, staffing constraints, or uncertainty around underwriting and servicing often stand in the way. At the same time, shifting market conditions are creating new opportunities for credit unions in Michigan—and across the country—to step in as larger banks pull back from small business lending.
At North Central Area Credit Union, we see this moment as an opportunity to strengthen our communities through strategic partnership, and supporting small businesses aligns naturally with our mission. That’s why we’ve partnered with Element 22 to support the expansion of our commercial lending capabilities—without compromising control, compliance, or member service.
