How many small businesses are in Indiana?

Indiana has approximately 563,000 small businesses, representing 99.5 percent of all businesses in the state. They employ 1.3 million workers — 46.9 percent of Indiana's private workforce. Source: SBA Office of Advocacy, 2024 Small Business Profile.

How active is SBA 7(a) lending in Indiana?

Indiana received 1,198 SBA 7(a) loan approvals in FY2024, totaling $498 million. The average loan size was approximately $416,000. Source: SBA FOIA loan dataset, FY2024 aggregate.

Does Indiana have a commercial financing disclosure law?

No. Indiana has not enacted a statewide commercial financing disclosure law as of 2026. Commercial lending is governed primarily by federal law and lender agreements.

What financing products work best for Indiana small businesses?

Manufacturers and logistics businesses use equipment financing. Healthcare and professional services firms access SBA 7(a). Agricultural businesses use equipment loans and seasonal working capital. The right product depends on your industry and revenue profile.

Is ClearValue Lending available in Indiana?

Yes. ClearValue Lending routes Indiana SMB applicants to lender partners operating across Indianapolis, Fort Wayne, South Bend, Evansville, and statewide. We are a funding platform, not a lender or broker.

What are typical eligibility minimums for Indiana SMB financing?

SBA 7(a) typically requires 2+ years in business, 650+ FICO, and $150,000+ annual revenue. Revenue-based financing may be available with 500+ FICO, 6+ months in business, and $10,000+ monthly revenue. All financing is subject to lender underwriting on the full file.

Small Business Loans in Indiana

Indiana has 563,000 small businesses employing 1.3 million workers — 46.9 percent of the state's private workforce. In FY2024, Indiana small businesses received 1,198 SBA 7(a) loans totaling $498 million, with an average loan size of approximately $416,000. Indiana's SMB economy is shaped by its manufacturing heritage — it is consistently one of the top manufacturing states by output per capita — alongside a fast-growing logistics sector anchored by its central highway position.