12650 Envision Dr., SE
Lowell, MI 49331
Jobs Expected To Be Created: 20
EDF recently partnered with Grand River Bank on the funding of a new building for Envision Engineering. Scott Roerig and Mike Vanderwilp, owners of Envision Engineering, began business in 1999. In 2015, with the number of contract projects in process, they outgrew their previous leased space and decided to build their own.
Envision Engineering is a full service, ISO 9001:9008 certified, manufacturing company that specializes in the deep draw forming of sheet metal components. Products engineered and manufactured by Envision Engineering can be seen on several top-of-the-line OEM, American made motorcycles, including fuel tanks, fenders, covers, and belt guards for Indian, Victory, and Harley-Davidson, to name a few. In addition to the motorcycle industry, they supply the aftermarket automotive, marine industry, and aerospace sectors. With the help of EDF and the SBA, Mike and I were able to advance forward with this big step. The 20 year fixed (low) interest rate (for the SBA portion) and ability to fund the project with only 10% down was a real benefit, and frankly why we went the SBA route. The SBA lending team was both courteous and helpful, I would have no problem recommending them to a friend,” said Scott Roerig.
Bradd Pierce at EDF worked with Scott and Mike’s lender, Brent Kehrwecker of Grand River Bank, to finance the purchase of land and construction of the new building in Lowell, MI. The SBA 504 loan was ideal for Scott and Mike because they were able to put only 10% down and lock in a low fixed interest rate for the 20-year life of the 504 loan.