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Flagship SBA Microloan Program

The Flagship Enterprise Center can now offer clients access to Microloans in the amount of $5,000 to $35,000.

Small Business Administration Microloans

As the only SBA microlender in the Indianapolis and Central Indiana region, the Flagship is looking for entrepreneurs who want to take their business to the next level with an SBA Microloan.

Microloan Terms

  • Interest Rate:  Fixed based on level of risk
  • Amount:  Up to $35,000
  • Period:  Up to 72 months

Microloan Eligibility

Microloan applicants must be a for profit business or a childcare.  Eligible use of the funds include:

  • Working Capital
  • Inventory
  • Supplies
  • Furniture
  • Fixtures
  • Machinery
  • Equipment
  • Microloans can NOT be used for the purchase of real estate

SBA Microloan Application

Feel free to email Adam Hoeksema at adam@flagshipenterprise.org to request an application. We look forward to working with you!