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SMALL BUSINESS LENDING
A ONE-STOP SHOP FOR
The Indianapolis Small Business CDFI Collaborative is a partnership of community development financial institutions that focus on commercial or
small business lending.
COLLABORATIVE PARTNERS
![lisc square](https://static.wixstatic.com/media/a98e03_c18b84eb61c940f69766d054e44f51fa~mv2.jpg/v1/fill/w_300,h_300,al_c,q_80,enc_avif,quality_auto/a98e03_c18b84eb61c940f69766d054e44f51fa~mv2.jpg)
![build fund](https://static.wixstatic.com/media/a98e03_d7fc646d9cce45f2bd7fe58eb37d547f~mv2.png/v1/fill/w_576,h_576,al_c,q_85,enc_avif,quality_auto/a98e03_d7fc646d9cce45f2bd7fe58eb37d547f~mv2.png)
![bankable](https://static.wixstatic.com/media/a98e03_4bf069df19fd4dcf8ffbb90aa0567aed~mv2.png/v1/fill/w_576,h_576,al_c,q_85,enc_avif,quality_auto/a98e03_4bf069df19fd4dcf8ffbb90aa0567aed~mv2.png)
![BOI](https://static.wixstatic.com/media/a98e03_158b12edbdb94f0e84854b48da9d066c~mv2.png/v1/fill/w_191,h_167,al_c,q_85,enc_avif,quality_auto/a98e03_158b12edbdb94f0e84854b48da9d066c~mv2.png)
![Untitled design (13)](https://static.wixstatic.com/media/a98e03_05dff3201e0c4bd6b34a34d8de956087~mv2.png/v1/fill/w_300,h_300,al_c,q_85,enc_avif,quality_auto/a98e03_05dff3201e0c4bd6b34a34d8de956087~mv2.png)
![Untitled design (24)](https://static.wixstatic.com/media/a98e03_8947899ccf3e470da01e5f5a7653e9c9~mv2.png/v1/fill/w_300,h_300,al_c,q_85,enc_avif,quality_auto/a98e03_8947899ccf3e470da01e5f5a7653e9c9~mv2.png)
![lisc square](https://static.wixstatic.com/media/a98e03_c18b84eb61c940f69766d054e44f51fa~mv2.jpg/v1/fill/w_300,h_300,al_c,q_80,enc_avif,quality_auto/a98e03_c18b84eb61c940f69766d054e44f51fa~mv2.jpg)
![build fund](https://static.wixstatic.com/media/a98e03_d7fc646d9cce45f2bd7fe58eb37d547f~mv2.png/v1/fill/w_576,h_576,al_c,q_85,enc_avif,quality_auto/a98e03_d7fc646d9cce45f2bd7fe58eb37d547f~mv2.png)
![bankable](https://static.wixstatic.com/media/a98e03_4bf069df19fd4dcf8ffbb90aa0567aed~mv2.png/v1/fill/w_576,h_576,al_c,q_85,enc_avif,quality_auto/a98e03_4bf069df19fd4dcf8ffbb90aa0567aed~mv2.png)
![BOI](https://static.wixstatic.com/media/a98e03_158b12edbdb94f0e84854b48da9d066c~mv2.png/v1/fill/w_191,h_167,al_c,q_85,enc_avif,quality_auto/a98e03_158b12edbdb94f0e84854b48da9d066c~mv2.png)
![Untitled design (13)](https://static.wixstatic.com/media/a98e03_05dff3201e0c4bd6b34a34d8de956087~mv2.png/v1/fill/w_300,h_300,al_c,q_85,enc_avif,quality_auto/a98e03_05dff3201e0c4bd6b34a34d8de956087~mv2.png)
![Untitled design (24)](https://static.wixstatic.com/media/a98e03_8947899ccf3e470da01e5f5a7653e9c9~mv2.png/v1/fill/w_300,h_300,al_c,q_85,enc_avif,quality_auto/a98e03_8947899ccf3e470da01e5f5a7653e9c9~mv2.png)
A Community Development Financial Institution, or CDFI, is an organization that invests money in community groups working to revitalize disinvested neighborhoods. The five non-profit CDFI's in this collaboration seek to provide capital to projects and businesses in low-income and underserved communities at affordable rates. We believe extending credit throughout the community helps promote a stable and healthy local economy.
​
The Indianapolis CDFI Collaborative is a partnership of Community Development Financial Institutions (CDFIs) working together to expand access to capital and financial services in underserved communities across Indianapolis. The collaborative leverages resources and expertise to address challenges such as affordable housing, small business development, and neighborhood revitalization. By working together, the collaborative can pool resources, coordinate efforts, and scale impact more effectively than individual organizations working alone. The partnership of these CDFIs helped form a continuum of small business and commercial loans ranging from as small as $1,000 up to $16M.
LOANS FROM
$250,000 - $16,000,000
Lending is central to our work at LISC. As one of the largest CDFIs in the nation, we work in partnership with local groups to finance projects that have a positive, long-term impact.  For over 40 years, LISC has provided financing to developers of affordable housing, charter schools, and community spaces, and to small businesses in underinvested areas. We invest in community groups, nonprofits, developers, and mission-aligned for-profit businesses that may not have access to conventional financing to support their growth and stability. 
​​Contact: Claudia Mendez Perkins, mperkins@lisc.org and Brandon Taylor, btaylor@lisc.org
Website: www.lisc.org/indianapolis
Geography: Indianapolis (Marion County) but will consider statewide lending if mission-aligned
Loan Products:
![Housing.png](https://static.wixstatic.com/media/a98e03_6d9ea616517b4294be4bc363b56c5368~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Housing.png)
![Education.png](https://static.wixstatic.com/media/a98e03_a7d336fc6a814db7ae41bb342e7e6361~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Education.png)
![Working Capital.png](https://static.wixstatic.com/media/a98e03_da4096abd05c4dc689dc3d0da3849339~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Working%20Capital.png)
Housing
Education
Working
Capital
![](https://static.wixstatic.com/media/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png)
![](https://static.wixstatic.com/media/a98e03_f1e7bdc9042c451aa167f576cdc23d22~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_f1e7bdc9042c451aa167f576cdc23d22~mv2.png)
Construction
Predevelopment
![](https://static.wixstatic.com/media/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png)
![](https://static.wixstatic.com/media/a98e03_4d838f3a2fae4656bf3b954ce483b613~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_4d838f3a2fae4656bf3b954ce483b613~mv2.png)
![](https://static.wixstatic.com/media/a98e03_01d41d269da7415b92b0dd0c0fd32af5~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_01d41d269da7415b92b0dd0c0fd32af5~mv2.png)
Acquisition
Mini-Permanent
Permanent
![](https://static.wixstatic.com/media/a98e03_85cad4e475ca42e2b4bc71ce74d34d49~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_85cad4e475ca42e2b4bc71ce74d34d49~mv2.png)
Bridge
![](https://static.wixstatic.com/media/a98e03_21dc226a626a40ac89ec3f54fe6f8996~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_21dc226a626a40ac89ec3f54fe6f8996~mv2.png)
Line of Credit
LOANS FROM
$5,000 - $100,000
BOI can provide loans ranging from $1,000 to $100,000 for early-stage businesses while pairing that support with business coaching and other technical support services.
​​Contact: Agnes Theodossiou, atheodossiou@businessownership.org
Website: http://www.indychamber.com/boi
Geography: 9 County Indianapolis Area
Loan Products:
![](https://static.wixstatic.com/media/a98e03_21dc226a626a40ac89ec3f54fe6f8996~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_21dc226a626a40ac89ec3f54fe6f8996~mv2.png)
![](https://static.wixstatic.com/media/a98e03_da4096abd05c4dc689dc3d0da3849339~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_da4096abd05c4dc689dc3d0da3849339~mv2.png)
![](https://static.wixstatic.com/media/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png)
Credit​
Builder
Working
Capital
Construction
![](https://static.wixstatic.com/media/a98e03_4bf069df19fd4dcf8ffbb90aa0567aed~mv2.png/v1/fill/w_141,h_141,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/a98e03_4bf069df19fd4dcf8ffbb90aa0567aed~mv2.png)
LOANS FROM
$500 - $350,000
Bankable can provide small business loans from $10,000 to $350,000 for early-stage and existing small businesses as well as small credit builder loans of $500.
​​Contact: Jennifer Hall, loans@bankable.org
Website: www.bankable.org
Geography: Statewide - 92 Indiana Counties
Loan Products:
![](https://static.wixstatic.com/media/a98e03_21dc226a626a40ac89ec3f54fe6f8996~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_21dc226a626a40ac89ec3f54fe6f8996~mv2.png)
![](https://static.wixstatic.com/media/a98e03_da4096abd05c4dc689dc3d0da3849339~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_da4096abd05c4dc689dc3d0da3849339~mv2.png)
![](https://static.wixstatic.com/media/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png)
Credit​
Builder
Working
Capital
Construction
![](https://static.wixstatic.com/media/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png)
Acquisition
![](https://static.wixstatic.com/media/a98e03_23e2fbbdda8a42cea30e4cde8ad5d804~mv2.png/v1/fill/w_104,h_39,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/a98e03_23e2fbbdda8a42cea30e4cde8ad5d804~mv2.png)
LOANS FROM
$15,000 - $1,000,000
Build Fund can provide loans generally ranging from $15,000 - $1,000,000 with a focus on commercial real-estate acquisition, new construction, rehab, equipment purchase and working capital in certain cases.
​​Contact: Devin Day, dday@intendindiana.org
Website: www.buildfund.org
Geography: Statewide - 92 Indiana Counties
Loan Products:
![Working Capital.png](https://static.wixstatic.com/media/a98e03_da4096abd05c4dc689dc3d0da3849339~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Working%20Capital.png)
![Construction.png](https://static.wixstatic.com/media/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Construction.png)
![Acquisition.png](https://static.wixstatic.com/media/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Acquisition.png)
Working
Capital
Construction
Acquisition
![Bridge Loan.png](https://static.wixstatic.com/media/a98e03_85cad4e475ca42e2b4bc71ce74d34d49~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Bridge%20Loan.png)
Bridge
![](https://static.wixstatic.com/media/a98e03_05dff3201e0c4bd6b34a34d8de956087~mv2.png/v1/fill/w_115,h_115,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/a98e03_05dff3201e0c4bd6b34a34d8de956087~mv2.png)
LOANS FROM
$10,000 - $6,000,000
IFF is a mission-driven lender, real estate consultant, and developer that helps communities thrive. We can provide loans for: Facilities acquisition, Facility improvement , Equipment and vehicles, Food desert grocery stores, and Affordable housing. No appraisals needed for loans under $3MM and we will fund up to 95% of total project cost.
​​Contact: Andre Gibson, agibson@iff.org
Website: www.iff.org
Geography: Statewide - 92 Indiana Counties + Louisville, KY
Loan Products:
![Housing.png](https://static.wixstatic.com/media/a98e03_6d9ea616517b4294be4bc363b56c5368~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Housing.png)
![Education.png](https://static.wixstatic.com/media/a98e03_a7d336fc6a814db7ae41bb342e7e6361~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Education.png)
![Construction.png](https://static.wixstatic.com/media/a98e03_b4b7fd1985d54876b80eba7413c9ee9d~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Construction.png)
Working
Capital
Education
Construction
![Pre-Development.png](https://static.wixstatic.com/media/a98e03_f1e7bdc9042c451aa167f576cdc23d22~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Pre-Development.png)
Predevelopment
![Acquisition.png](https://static.wixstatic.com/media/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Acquisition.png)
![Perm.png](https://static.wixstatic.com/media/a98e03_01d41d269da7415b92b0dd0c0fd32af5~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Perm.png)
Acquisition
Permanent
![Bridge Loan.png](https://static.wixstatic.com/media/a98e03_85cad4e475ca42e2b4bc71ce74d34d49~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Bridge%20Loan.png)
Bridge
![Untitled design (24).png](https://static.wixstatic.com/media/a98e03_8947899ccf3e470da01e5f5a7653e9c9~mv2.png/v1/fill/w_115,h_115,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/Untitled%20design%20(24).png)
LOANS FROM
$10,000 - $300,000
IFF is a mission-driven lender, real estate consultant, and developer that helps communities thrive. We can provide loans for: Facilities acquisition, Facility improvement , Equipment and vehicles, Food desert grocery stores, and Affordable housing. No appraisals needed for loans under $3MM and we will fund up to 95% of total project cost.
​​Contact: Vicente Giordanelli, vgiordanelli@capitalizingindiana.org
Website: www.capitalizingindiana.org
Geography: Statewide - 92 Indiana Counties
Loan Products:
![Housing.png](https://static.wixstatic.com/media/a98e03_6d9ea616517b4294be4bc363b56c5368~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Housing.png)
![Acquisition.png](https://static.wixstatic.com/media/a98e03_9cdbd5c909444ba5900f633d750296d0~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Acquisition.png)
![Perm.png](https://static.wixstatic.com/media/a98e03_01d41d269da7415b92b0dd0c0fd32af5~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Perm.png)
Working
Capital
Acquisition
Permanent
![Bridge Loan.png](https://static.wixstatic.com/media/a98e03_85cad4e475ca42e2b4bc71ce74d34d49~mv2.png/v1/fill/w_100,h_100,al_c,q_85,enc_avif,quality_auto/Bridge%20Loan.png)
Bridge
NEED HELP DECIDING WHO IS THE BEST FIT?
REAL ESTATE ASSISTANCE FUND FOR BLACK-OWNED BUSINESSES
With financial support from Cummins, through their Cummins Advocating for Racial Equity (CARE) initiative, and the Local Initiatives Support Corporation, LISC Indianapolis has established a real estate assistance fund to provide up to $40,000 grants for Black businesses in Indianapolis that are seeking to purchase commercial property or retain their commercial property through capital improvements. These grants can be applied toward loan closing costs.
The Real Estate Assistance Fund for Black-Owned Businesses grant assistance is available for eligible businesses approved for a real estate loan from one of the Indianapolis Small Business CDFI Collaboration partners: BuildFund, Business Ownership Initiative, Bankable or LISC. Click here to download the program flyer.
![Cummins Real Estate Assistance Fund_3.png](https://static.wixstatic.com/media/a98e03_f33d372a5f944be3b97de5be3ea0ae35~mv2.png/v1/fill/w_729,h_411,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/Cummins%20Real%20Estate%20Assistance%20Fund_3.png)
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