Learn More about CDFI's and Small Business Resources in Indiana see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
CBAI Community Development, Inc.
CBSI Development Fund, Inc.
Community Choice Federal Credit Union
Indiana Redevelopment Corporation
South Bend Heritage Foundation, Inc.
Spencer County Bank
Your Community Bank
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more st...