Every business has its ups and downs. Whether looking to kickstart a new venture or experiencing a downturn during a time of uncertainty like the coronavirus, small businesses do not have to approach change alone. The 7(a) loan is the Small Business Administration’s (SBA) most widely used loan program, and many businesses turn to the […]
Put simply, financial literacy is the knowledge to make financially responsible decisions, whether that’s related to investing, credit, personal finance, debt or anywhere in between. If you’re not sure where to start with your finances, how to open a bank account, what a mortgage loan is or how to avoid debt, you’re not alone. The
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We are honored to announce that Merchants Bancorp subsidiaries Merchants Bank of Indiana and Merchants Capital have been ranked #11 in the large company category (between 250 and 999 U.S. employees) on the 2021 Best Places to Work in Indiana list. This is the sixth consecutive year our company has been selected to this prestigious
CARMEL, Ind. – Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”), today announces the hiring of Robert Stringer as Vice President, Business Development Officer, Small Business Administration (SBA) Lending. Currently, Stringer is working from his home in Dallas, Texas. Stringer brings more than 10 years of experience to his new role at Merchants Bank, having most recently
Merchants Bank of Indiana Hires New VP, Business Development Officer, SBA Lending Read More »
Tips for Securing Your Personal Financial Information Do not become a victim of identity theft this Holiday Season. Merchants Bank has security measures to protect your account information, but you are always our first line of defense. Many account hijacking attempts come as a result of hacking into individual user accounts, and from there electronically
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Merchants Bank of Indiana (MBI) is proud to collaborate with small business owners to provide a number of financial assistance programs – from debt financing and working capital to acquisition and purchase of equipment – for those small businesses ready to think big. We are excited to share that our Small Business Administration (SBA) Group
EXCITING NEWS! The new COVID Relief Bill went into effect February 1, 2021. Now is the time to let us help you write your next chapter with an SBA 7(a) & 504 Loan. WHAT DOES THIS MEAN FOR SBA BORROWERS? All program fees for new borrowers have been waived resulting in borrower savings! For SBA
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CARMEL, Ind. – Carmel-based Merchants Bancorp (NASDAQ: MBIN) today announces that subsidiaries Merchants Bank of Indiana and Merchants Capital have been named to the Best Places to Work in Indiana list for the sixth consecutive year. This is the second year the company has been named to the list in the large company (between 250
CARMEL, Ind. (March 27, 2019) – Merchants Bank of Indiana chairman and CEO, Mike Petrie, recently partnered with the St. Baldrick’s Foundation to raise funds to help find cures for children with cancer. Petrie’s fundraising campaign brought in donations totaling over $10,000 to help find a cure. He then personally matched those donations for a total contribution of $21,184.86! On
Merchants Bank of Indiana is committed to the communities we serve. In 2018, we launched the MPACT Program to foster and support our corporate initiative of Positively Advancing Communities Together through employee volunteer service hours. With the launch of the MPACT Program, we wanted to encourage and foster the ideals of community service and adopted a new culture of
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