Westfield · Carmel · Fishers · Noblesville · Indianapolis
SBA Lenders in the Indianapolis MSA
PeerSense is a capital advisory firm headquartered in Westfield, Indiana, inside the Indianapolis MSA. Talk to PeerSense about Indianapolis area files on SBA, CMBS, DSCR, and bridge. The capital source sets the terms.
Who are the best SBA lenders for an Indianapolis area business?
PeerSense tracks 20 SBA lenders headquartered in Indiana and 8 or more lenders based outside Indiana that fund Indiana borrowers, using public SBA loan records. No single lender is best for every file, since fit depends on industry, loan size and the lender's credit box. Talk to PeerSense. The capital source sets the terms.
, PeerSense Capital Advisory · Westfield, IN 46074 · (317) 452 6990 · Updated October 2, 2026
Sources: SBA 7(a) & 504 Loan Data, FDIC BankFind
Service Area, Indianapolis Metro
PeerSense serves businesses across the Indianapolis MSA, Hamilton, Marion, Hendricks, Boone, and Johnson counties.
Top Indianapolis Area SBA Lenders
Indiana headquartered banks ranked by total SBA volume. Most have Indianapolis MSA branch presence and approve Hamilton, Marion, Hendricks, Boone, and Johnson County deals.
Old National Bank
8,155 SBA loans · $3.3B total volume
First Internet Bank of Indiana
2,006 SBA loans · $2.5B total volume
First Savings Bank
1,651 SBA loans · $1.1B total volume
Merchants Bank of Indiana
486 SBA loans · $523.5M total volume
First Merchants Bank
1,535 SBA loans · $512.8M total volume
United Fidelity Bank, FSB
1,310 SBA loans · $420.5M total volume
1st Source Bank
2,786 SBA loans · $396.2M total volume
Horizon Bank
1,241 SBA loans · $371.9M total volume
German American Bank
1,236 SBA loans · $335.2M total volume
Everwise Credit Union
121 SBA loans · $241.1M total volume
First Federal Savings Bank
357 SBA loans · $194.6M total volume
Centier Bank
843 SBA loans · $170.4M total volume
STAR Financial Bank
931 SBA loans · $141.8M total volume
First Financial Bank, National Association
433 SBA loans · $140.2M total volume
First Farmers Bank & Trust Co.
207 SBA loans · $127.0M total volume
Lake City Bank
392 SBA loans · $98.5M total volume
Community First Bank of Indiana
198 SBA loans · $90.5M total volume
State Bank
285 SBA loans · $78.6M total volume
The Farmers Bank, Frankfort, Indiana
200 SBA loans · $64.0M total volume
Citizens State Bank of New Castle
181 SBA loans · $55.5M total volume
National SBA Lenders Funding Indianapolis Area Deals
These out of state SBA preferred lenders actively fund Indiana borrowers, frequently with faster underwriting and broader credit box flexibility than local only banks. Ranked by Indiana specific SBA volume.
GBank
HQ NV · 60 IN loans · $170.6M IN volume
Millennium Bank
HQ IL · 39 IN loans · $89.9M IN volume
Byline Bank
HQ IL · 68 IN loans · $75.5M IN volume
KeyBank National Association
HQ OH · 118 IN loans · $48.1M IN volume
First Financial Bank
HQ OH · 89 IN loans · $28.6M IN volume
OakStar Bank
HQ MO · 29 IN loans · $21.1M IN volume
Fifth Third Bank
HQ OH · 90 IN loans · $20.5M IN volume
Northbrook Bank & Trust Company, National Association
HQ IL · 22 IN loans · $15.7M IN volume
Westfield IN Capital Advisor, Local to Indianapolis
PeerSense · Westfield, IN 46074 · (317) 452 6990 · info@peersense.com
Office hours Monday to Friday, 9 AM to 5 PM ET. Free initial consultation. Lender paid referral fee at closing.
Other Capital Programs for Indianapolis Borrowers
PeerSense covers the full commercial capital stack, beyond SBA. CMBS, DSCR, bridge, mezzanine, equipment, and private credit.
Originator warehouse
$100M a monthFocus $100 million a month. Will look at $10 million a month. $10 million is not the focus.
Invoice Factoring
0.5 to 3.5% / 30dB2B invoices from $20 million a month. Advance 80 to 95 percent of face.
CMBS Conduit
5.60 to 7.10%10 year Non Recourse fixed, $10 million and up, fully assumable
Bridge Loans
9.00 to 14.00%$10 million and up. Cash in about 35 percent. Name the takeout first.
Data Center
CRS to 89%$1 billion to $30 billion plus. Signed or guaranteed hyperscaler lease.
Contracted revenue sale
Up to 89%15 year lease signed or guaranteed by a hyperscaler. Size follows the lease.
Hotel Financing
SearchHotel financing is search only for $10 million and up, with cash in about 35 percent.
Private Credit
7.80 to 18.00%Non bank flexibility for commercial real estate at $10 million and up.
DSCR Investor
SearchSearch path. Portfolio and multi property DSCR of $10 million and up.
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.