Contact Neighborhood Self Employment Initiative, Inc.
- Address
- 111 Monument Circle, suite 1950 Indianapolis, IN 46204
- Phone
- 317-464-2258
- Website
- businessownership.org
Where they lend
Neighborhood Self Employment Initiative, Inc. is an SBA-approved microloan intermediary serving Indiana.
What an SBA microloan is
The SBA does not lend directly. It funds intermediaries like Neighborhood Self Employment Initiative, Inc., who lend up to $50,000 to small businesses and start-ups that banks usually turn down. The average loan is around $13,000, terms run up to seven years, and decisions rest with the intermediary rather than the SBA.
Almost every intermediary asks for the same things: a written business plan, financial projections, what the money is for, and your credit history. The plan is where most applications stall.
Before you apply
Neighborhood Self Employment Initiative, Inc. will ask for a business plan with your application. We write SBA-ready plans built for microloan applications, with the financial projections lenders expect.
