Bankable is launching the Indiana Black-Owned Business Loan Fund program as a dedicated loan pool available to Black-owned businesses in Indiana. This fund will provide businesses with the resources necessary to secure safe and affordable capital, in addition to business development support.
Capital and Business Development
Makes fair and affordable loans more accessible to Indiana Black-owned businesses
COVID-19 Relief Provides financial support to businesses impacted by COVID-19 who missed out on federal relief funding
Becoming Bankable Aims to help businesses become "bankable" by building a positive credit history, completing accurate financial reporting, and reaching business profitability
Terms and Advantages - 0% interest Credit Builder loans of $500 approved for any SBA eligible business - Small business microloans up to $50,000 with fair and favorable rates and terms - Interest rate of no more than 8.5%, one flat monthly payment, no closing fee - Access to Bankable’s Growth Ready program to receive free coaching, technical assistance, knowledge of valuable events, and notification of important resources - Mid-States Corporate MBE Certification up to $500 per client - Paid one year membership (up to $200) to Black Chamber of Commerce
How to Apply Click here to see all loan options >>> www.bankable.org #INBlackOwnedBizLoanFund

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