Capital for Indiana operators
from the Region to the Ohio River.

Indiana runs one of the most manufacturing-intensive economies in the United States and a uniquely diversified industrial mix for its size. The state ranks first or second nationally in manufacturing share of GDP and hosts the world's largest concentration of recreational-vehicle production in Elkhart County, which builds roughly 80% of all US RVs. Layered on top: a Northwest Indiana steel complex along Lake Michigan that includes some of the largest integrated mills in North America; an Indianapolis economy anchored by Eli Lilly's global pharmaceutical headquarters, the FedEx Express Indianapolis hub (second-largest in the network), and a deep insurance and professional-services base; an auto-parts and machinery supplier ecosystem stretching across the I-69, I-65, and I-70 corridors; an agriculture base producing meaningful shares of US corn, soybeans, and pork; and a motorsports economy concentrated around the Indianapolis Motor Speedway. Banks, by structure, struggle to move at the pace Indiana operators need. Goliath was built to.

Our Indiana pipeline reaches every region of the state. Central Indiana brings us the densest deal flow — Indianapolis across Mass Ave, Fountain Square, Broad Ripple, downtown, and out through Carmel, Fishers, Westfield, Noblesville, Greenwood, and Plainfield, and the broader Marion, Hamilton, Hendricks, Hancock, and Johnson counties. Northern Indiana covers Fort Wayne and the Allen County manufacturing base, the Elkhart-Goshen RV corridor, South Bend and the Notre Dame-anchored Michiana economy, and the Lafayette and Purdue research belt. The Northwest Indiana steel-and-logistics complex covers Gary, Hammond, East Chicago, Portage, Merrillville, and Valparaiso. Southwest Indiana anchors on Evansville and the Ohio River corridor. Bloomington and the IU-anchored economy round out the south-central book.

The bank-lending coverage gap in Indiana

Despite hosting a deep community-bank network and the headquarters of major regional institutions, Indiana has a wider small-business credit gap than people expect. Community-bank consolidation has thinned the lender field across the southern counties and the Wabash Valley, and the surviving regional and national institutions structurally favor commercial real estate, large ag-credit lending, and high-net-worth lending over the $50K to $500K working-capital tickets that Indiana small businesses actually need. The result: an Elkhart RV supplier, a Gary steel-service operator, an Indianapolis logistics company, a Carmel medical practice — strong, deposit-rich businesses — frequently cannot get a timely yes from a bank. We fill that gap.

We are deposit-based underwriters. We read your four most recent months of business bank statements, your ledger, and how you actually operate the company. We do not require two years of tax returns, audited financials, or a 720 FICO. That approach is well-matched to the Indiana mix because it accommodates the cash-heavy Bloomington restaurant, the receivable-heavy RV component supplier waiting on builder payment terms, the card-heavy Carmel retail concept, and the project-based commercial contractor on the same underwriting bench. We routinely fund operators in their first year as long as deposit patterns support the offer.

The Indiana industry mix, the way we see it

Manufacturing anchors our Indiana book — RV and motorhome builders and suppliers concentrated in Elkhart County, auto-parts suppliers across the I-65 and I-69 corridors, integrated steel and steel-service operators in the Northwest Indiana mill complex, and machinery and fabricated-metal shops across Fort Wayne and Lafayette. Pharmaceuticals and life sciences anchored by Eli Lilly's Indianapolis headquarters is the second pillar. Logistics tied to the FedEx Express Indianapolis hub, agriculture, motorsports-adjacent businesses, insurance, healthcare, restaurants, and construction round out the top of the pipeline.

Indiana is best understood as Central Indiana anchored by Indianapolis plus a set of distinct regional economies running along the I-65, I-69, I-70, and I-80/90 corridors. Below is how the major metros break down in our book.

Indianapolis

Indianapolis is the dominant single Indiana market in our book. Industry mix runs from pharmaceuticals and life sciences anchored by Eli Lilly's global headquarters, to logistics tied to the FedEx Express Indianapolis hub and the BNSF/CSX rail crossings, to a deep insurance and financial-services base (OneAmerica, Anthem-era operations), to a strong restaurant and hospitality economy across Mass Ave, Fountain Square, Broad Ripple, and downtown, to the motorsports ecosystem orbiting the Indianapolis Motor Speedway. We fund operators across the city and out through Marion, Hamilton, Hendricks, Hancock, and Johnson counties.

Fort Wayne

Fort Wayne anchors Northeast Indiana and one of the most diversified mid-size manufacturing economies in the country — defense electronics (BAE Systems, Raytheon-era operations), auto parts, medical devices, and machinery. We fund operators across downtown, the West Central neighborhood, Aboite, and out through the broader Allen, DeKalb, and Whitley counties. Healthcare anchored by Parkview and Lutheran Health Network rounds out the deal flow.

Evansville

Evansville anchors Southwest Indiana and a tri-state economy spanning Indiana, Kentucky, and Illinois along the Ohio River. The metro brings us deal flow from manufacturing (Toyota's Princeton plant just to the north, plastics, plastics-machinery), healthcare anchored by Deaconess and Ascension St. Vincent, riverboat-and-tourism-adjacent businesses, and a steady contractor and restaurant book across Vanderburgh, Warrick, and Posey counties.

South Bend and Elkhart

South Bend anchors the Michiana economy along the I-80/90 toll-road corridor and is the home of the University of Notre Dame and a renewed downtown. Just east, Elkhart County is the RV capital of the world — building roughly 80% of all US recreational vehicles between Elkhart and Goshen. We fund RV builders, component suppliers, transport carriers, and the deep base of contractors and restaurants serving the Michiana corridor.

Bloomington

Bloomington anchors a uniquely concentrated education-and-life-sciences economy built around Indiana University and a Cook Medical-anchored medical-device cluster. The metro brings us deal flow from biotech and life-sciences operators, downtown restaurants and retail across the Kirkwood corridor, contractor services across Monroe County, and a steady professional-services book tied to the university.

Carmel and Hamilton County

Carmel anchors the affluent Hamilton County corridor that includes Fishers, Westfield, and Noblesville — one of the fastest-growing suburban submarkets in the Midwest. The economy combines corporate headquarters and professional services (CNO Financial, Allegion, the Delta Faucet network) with a deep restaurant, retail, and medical-and-dental practice base across the Monon and US-31 corridors.