Rebecca Marsh

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Merchants Bank of Indiana’s SBA Group Provides Financing for Distilling, Septic and National Insurance Companies

The U.S. Small Business Administration (SBA) provides support for America’s small businesses. This includes connecting entrepreneurs across the country with talented SBA lenders who have access to ample funding to help them plan, start and grow their business. Merchants Bank of Indiana (MBI) is a proud member of the SBA’s Preferred Lenders Program (PLP). This […]

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Merchants Bank of Indiana’s SBA Group Finances National Hotel Chain, National Fast Food Franchise

When looking to start or grow a business, small business owners are often in need of financial support. Merchants Bank of Indiana (MBI) tracks the latest Small Business Administration (SBA) updates to keep our customers informed and help them build or expand their operations. No matter the type of small business, Merchants Bank is here

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What You Need to Know About Agricultural Lending at Merchants Bank of Indiana

Globally, the agriculture business is a $3.4 trillion industry employing over 880 million people worldwide. In the United States, agriculture contributes to nearly 5% of the country’s gross domestic product (GDP), or roughly $1 trillion annually, employing over 10% of the entire U.S. workforce. From these statistics, it’s clear agriculture is a dominant force within

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Digital Banking for Personal, Business Accounts is Essential to the Future of Banking

In the last few years, the banking industry has seen a massive move towards digitization, which has been accelerated by the pandemic. Now, customers may be reluctant to visit bank branches and expect banks to maximize digital interactions to meet them where they are. Banks must come up with digital alternatives for their day-to-day personal

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Merchants Bank of Indiana Hires New SBA Lender, Senior Business Development Officer

CARMEL, Ind. – Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”), today announces the hiring of Tony Boddie as vice president and senior business development officer, Small Business Administration (SBA) Lending. Currently, Boddie is working remotely in Dayton, Ohio. Boddie brings over 20 years of experience in business banking to Merchants’ SBA Lending team. Prior to joining

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Char Crust Products

Merchants Bank of Indiana SBA Division Secures Acquisition Funding for Char Crust by Chicago Businesswoman

CHICAGO (Sept. 21, 2020) – Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”), announces today that its Small Business Administration (SBA) Division has secured an acquisition loan for Chicago-based, small business Char Crust by Elisabeth Settimi, a Chicago businesswoman. The loan was closed in just 45 days after receiving the full underwriting package, even amidst the COVID-19

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Why Hoosiers are Turning to E-Closings for their Mortgages

  By Jerry Koors, President, Merchants Mortgage Some of your homeowner friends might tell you that you will sign your life away when you show up for your mortgage closing appointment. Getting a home mortgage requires you to jump through a lot of hoops, such as making a trip to the closing company and signing

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