Indiana’s central location and business-friendly environment have made it a manufacturing and logistics powerhouse. Indianapolis has emerged as a top-tier multifamily and industrial market, while Fort Wayne, South Bend, and Evansville offer strong regional lending opportunities with lower entry costs. The state’s low cost of living and stable population base create consistent demand for retail and multifamily commercial properties.
Commercial Loans of Texas is a direct lender headquartered in Magnolia, TX, serving Indiana and 43 other states nationwide. We make our own credit decisions — no broker, no middleman, no surprises at closing. Our borrowers in Indiana typically close in 5–15 business days.
Commercial Loan Programs Available in Indiana
We offer every major commercial loan program in Indiana, from fast hard money loans to long-term 30-year fixed financing. Most programs require no tax returns and no upfront fees.
- Hard Money Loans — Asset-based lending up to 70% LTV. No income docs. Close in 5–10 business days. Ideal for acquisitions, fix-and-flip, and value-add commercial properties in Indiana.
- DSCR Loans — Qualify on the property’s rental income, not your W-2 or tax returns. Great for investment properties and landlords across Indiana.
- Stated Income Commercial Loans — No tax returns required on most programs. Built for self-employed borrowers, business owners, and investors in Indiana.
- SBA 7(a) and SBA 504 Loans — Government-backed financing for owner-occupied commercial real estate and business acquisitions. Available statewide in Indiana.
- Bridge Loans — Short-term capital to close quickly while permanent financing is arranged. Common in competitive Indiana markets.
- Construction Loans — Ground-up construction and major renovation financing for commercial projects throughout Indiana.
- Multifamily Loans — 5+ unit apartment financing with competitive rates, available in every market in Indiana.
- 30-Year Fixed Commercial Loans — Long-term, fixed-rate commercial financing for stabilized investment properties.
Property Types We Finance in Indiana
- Office buildings and medical office
- Retail strip centers and single-tenant NNN properties
- Industrial, warehouse, and flex space
- Multifamily (5+ units) and mixed-use buildings
- Self-storage facilities
- Hotels, motels, and short-term rental properties
- Church and faith-based properties
- Special use and non-warrantable properties
- Land and ground-up development
Loan Terms for Indiana Borrowers
| Feature | Details |
|---|---|
| Loan Amounts | $150,000 – $5,000,000+ |
| Max LTV | Up to 70–75% depending on program |
| Loan Term | 12 months to 30 years |
| Income Docs | None required on most programs |
| Min Credit Score | 600+ (some programs lower) |
| Closing Time | 5–15 business days typical |
| Upfront Fees | None |
| States | 43 states including Indiana |
Cities We Serve in Indiana
We lend on commercial properties throughout Indiana, including Indianapolis, Fort Wayne, Evansville, South Bend. If the property is in Indiana — urban, suburban, or rural — we can structure a loan for it. Contact us for a same-day quote regardless of location within the state.
Why Indiana Borrowers Choose Us Over Local Banks
Local banks in Indiana are often slow, require mountains of documentation, and reject borrowers who don’t fit a narrow qualification box. We work differently.
- Direct lender since 1998 — We fund our own loans. No brokers, no referral fees passed to you, no committee approval delays.
- Same-day response — Submit your deal and hear back from a decision maker within hours, not days or weeks.
- No upfront fees — We never charge application fees, processing fees, or due diligence fees before closing.
- No tax returns on most programs — We qualify based on the asset and its income, not your personal tax history.
- Fast closings — Most Indiana commercial loans close in 5–15 business days from application to funding.
- Common-sense underwriting — We look at the deal, not just the borrower’s credit file. If the property makes sense, we find a way to fund it.
Frequently Asked Questions — Commercial Loans in Indiana
Do I need a Indiana business entity to get a commercial loan?
No. You can borrow as an individual, LLC, corporation, or partnership. Most investors use an LLC for liability protection, but it is not required to qualify. We lend to all entity types in Indiana.
How fast can you close a commercial loan in Indiana?
Most Indiana commercial loans close in 5–15 business days from application to funding, depending on the program and how quickly the appraisal is completed. Hard money loans can sometimes close in as little as 5 business days. We provide a same-day term sheet so you know exactly where you stand.
What Commercial Loan Programs Are Most Used in Indiana?
DSCR loans are popular in Indiana for multifamily and single-family rental portfolios. Hard money loans are used for fix-and-flip commercial properties and value-add apartment deals throughout the state. SBA loans are common for Indiana’s strong manufacturing and small business community.
What is the minimum loan amount for commercial loans in Indiana?
Our minimum loan amount is $150,000 for commercial properties in Indiana. There is no maximum — we have closed loans well above $5 million. For deals under $150,000, we can sometimes make exceptions depending on the property type and location.
Ready to get a commercial loan in Indiana? Apply online here or call us at 877-895-3634. Same-day response, no credit pull, no upfront fees. We have been closing commercial loans since 1998 and we know how to get difficult deals done.
Commercial Loans by City in Indiana
We lend in every market in Indiana. Here is an overview of our activity in the state’s major commercial real estate markets.
Commercial Loans in Indianapolis, Indiana
Indianapolis is one of the Midwest’s fastest-growing commercial markets, driven by a diverse economy spanning healthcare, tech, logistics, and sports. Multifamily demand is particularly strong, with consistent rent growth and tight vacancy. DSCR loans are widely used by Indianapolis’s large investment property owner community.
Commercial Loans in Fort Wayne, Indiana
Fort Wayne is Indiana’s second-largest city and a major manufacturing and healthcare market. Industrial and medical office properties see consistent demand. Affordable acquisition prices and strong cap rates make Fort Wayne attractive for out-of-state investors using DSCR and stated income programs.
Commercial Loans in Evansville, Indiana
Evansville is a regional commercial hub on the Ohio River, with demand anchored by manufacturing, healthcare, and retail. Commercial property prices are among the most affordable in the Midwest, offering strong returns for value-focused investors. Hard money and stated income loans are popular here.
Commercial Loans in South Bend, Indiana
South Bend anchors the northern Indiana commercial market, with demand driven by the University of Notre Dame, Ivy Tech, and a growing tech sector. Student-oriented multifamily and retail near campus are particularly attractive. Bridge and DSCR loans are popular for South Bend’s growing investor community.