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Loans

Our business loans and lines of credit are tailored to you and your business. They can be customized to meet your unique needs. Our knowledgeable bankers work with you throughout every step of the loan process to ensure your satisfaction. With STAR’s resources, we can help you with most any financing need to help you run your business.

Commercial Lending Solutions:

 


Working Capital

STAR’s commercial lines of credit are designed to serve businesses that need ongoing financing, working capital or short-term cash to help run them. Approval is given upfront, so you know the money is there when you need it. And everything is customized to each individual business and situation, including fees and rates.

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Real Estate/Construction

Whether you are building a new commercial property, rehabilitating an existing facility or thinking about purchasing a ready-to-move-in property, we have the proper loan solution for your needs. 

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Small Business Administration (SBA) Loans

STAR can obtain the financing that will be most beneficial to your company through the Small Business Administration (SBA). We are consistently ranked as one of the top ten SBA lenders in the state of Indiana (based on number of loan requests).

7(a) Loan Program
With loan amounts currently up to $5 million, proceeds can be used for a variety of purposes such as: business acquisitions, refinancing of debt, working capital or fixed asset purchases.

CDC/504 Loan Program
Long-term financing is available through the SBA’s 504 Loan Program. Funds can be used to acquire fixed assets for expansion or modernization.  The program provides businesses with long-term, fixed-rate financing.

SBAExpress
Simple loan package offering a quick response. Funds can be used can be used for a variety of purposes at competitive interest rates.

Small Business Line of Credit
With a line of credit, small business owners can receive short-term credit to finance their working capital needs, such as account receivables and inventory. Convenient access to funds is made available through a variety of methods, including online. A business checking account is required.

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Small Bonding Financing

Through our partnership with the Indiana Development Finance Authority (IDFA) we can offer manufacturing facilities and not-for-profits a way to finance projects of less than $1 million with the Small Bond Program. It provides you the opportunity to finance projects in ways that you might not have thought possible for your organization.

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Special Loans & Funding

When a conventional loan just doesn’t make good business sense, our partnerships with various groups around the state (city revolving loan funds, certified development corporations, statewide development corporations) can provide your business with special guarantees and funding programs. 

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Additional Options

  • GOContact a Business Banker
  • GOContact a Leasing Specialist