The chamber of commerce for the cities of Carmel and Fishers is partnering with Anderson-based Bankable to provide assistance for small businesses. OneZone says the partnership will bring more awareness to a capital alternative for businesses that are not ready or able to qualify for traditional financing options.
Bankable and OneZone say their partnership is expected to streamline the process for small businesses to connect to Bankable and apply for financing.
“We are excited to partner with Bankable to provide our members with a resource to help grow their business,” said Jack Russell, president at OneZone. “Bankable is a key part of our new small business hub and we believe that this partnership will add another piece of value to being a member of OneZone.”
Beyond lending, OneZone says Bankable’s GrowthReady program can offer many free services to borrowers that range from basic website design to business coaching.
“We believe that this partnership will allow both organizations to accelerate our support of small businesses during a time when entrepreneurs need every resource that we can pull together,” said Adam Hoeksema, executive director at Bankable. “Together we hope to help more entrepreneurs get back to business and begin to thrive again.”
Bankable offers loans up to $250,000 for clients in need of capital who are unable to secure funds from a traditional bank.