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Merchants Bank of Indiana logo

Merchants Bank of Indiana

Listed
Bank for business lines of credit and equipment financingCarmel, IndianaBased in Indiana; service area not yet provided
BBLL 000838Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Merchants Bank of Indiana provides working capital lines, equipment loans, owner-occupied property finance and SBA lending. Its SBA Preferred Lender team supports acquisitions, refinancing and business expansion.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Business lines of creditEquipment financingCommercial real estate loansWorking capital loansBusiness acquisition loans
From the lender's own site and public records.

A second look at Merchants Bank of Indiana

Merchants Bank of Indiana provides working capital lines, equipment loans, owner-occupied property finance and SBA lending. Its SBA Preferred Lender team supports acquisitions, refinancing and business expansion.

Direct bank lender; official sources identify Merchants Bank of Indiana.

Published by Levr, not by Merchants Bank of Indiana. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Business lending

Bank credit
Business offerings include working capital lines, equipment loans and owner-occupied real estate financing.
SBA 7(a)
The bank delivers SBA 7(a) financing for working capital, debt refinancing, equipment, property and business acquisition.
Government programs
The SBA team lists 7(a), 504 and USDA B&I, and states that Merchants has Preferred Lenders Program designation.

Provider sources: Official business loans · Official SBA lending

When it may fit

Our assessment of the published programs

  • Businesses in the bank service area seeking the documented operating or asset-finance programs.

What to weigh carefully

  • Confirm current geographic eligibility, loan size, pricing, collateral and owner guarantees directly with the bank.

Questions before you accept an offer

  1. Which documented facility best fits my use of funds and repayment cash flow?
  2. What collateral, guarantees, covenants and financial reporting are required?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Huntington Bank

Huntington offers another Indiana and nationwide SBA banking comparison.

Associated Bank, National Association

Associated Bank provides a separate Midwest commercial-credit comparison.

The lender

Type
Bank
Legal name
Merchants Bank of Indiana
Founded
1923
Charter
Not yet provided Add it
Headquarters
Carmel, Indiana
Service area
Based in Indiana; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
bankmerchants.com
LinkedIn
Company page

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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