Anderson, United States
Bankable, Powered by Flagship is a non-profit small business lender based in Indiana, with a mission to create opportunities for all entrepreneurs in the state. Established in 2010, Bankable aims to provide access to capital, financial education, and economic resources to foster healthy small businesses. The organization's team collaborates with entrepreneurs at any stage of development, helping them build credit, secure capital, and enhance financial literacy, ultimately making them Bankable for the future. Bankable offers three loan products - Credit Builder Loans, Microloans, and Community Advantage Loans - ranging from $500 to $250,000, catering to for-profit business owners and entrepreneurs unable to secure traditional bank funding.
In addition to lending, Bankable's loan officers and business advisers offer coaching across various technical assistance topics. Furthermore, the company has established partnerships with other financial institutions and community organizations to provide a network of support for entrepreneurs in need of business advising and guidance. With a focus on empowering small business owners, Bankable aims to facilitate their path to traditional funding eligibility through financial support and educational resources.
