Hobart Small Business Administration

SBA Loans in Hobart, IN

Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates  

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No Impact on Credit!
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Written by:
Sam Schneider
Funding Specialist
Edited by:
Matt Labowski
Lead Editor
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A Truly Great Deal, Truly

Great Rates, Less Requirements & Smaller Down Payments

SBA loans in Hobart, IN are the key to unlocking your business’s potential. StartCap provides flexible funding options and personalized support, ensuring you get the resources you need to succeed. Start growing your business with us.

2-Minute Online App
Dedicated Specialist
Multiple Funding Options
No Impact on Credit to Apply
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Rates as Low as 6%

Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.

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Terms up to 25 Years

Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.

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Flexible Uses

Use your SBA loan for working capital, equipment, real estate, or other business expenses.

We're Indiana's Small Business Launchpad

We're More Than Hobart SBA Loans

At StartCap, we understand that each business is unique. That’s why we offer flexible financing solutions to businesses in Lake County, designed to meet your specific needs and help you thrive in a competitive market.

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From idea to orbit, we've got you covered.

No matter where you're at in your journey, we have options to help you get to the next level.

Idea-Stage

Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.

Early-Stage

Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.

Well-Established

Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.

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Top Tier; Very Cutesy; Very Demure

+ 3-Months of Free Digital Marketing

For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Hobart or nationwide.

Here's a truck load of stuff to get kicked off

Domain Name
Custom Website
Logo Design
Google Ads Management
Social Media Management
GMB Setup & Optimization
Professional SEO
Web Hosting

Terms & conditions apply

Lake County

Find SBA Loans Near Hobart, IN

In Hobart and neighboring areas, entrepreneurs are equipped with the financial resources they need to succeed. Our solutions are designed to foster growth and help achieve long-term goals. From Lake Station to Valparaiso and beyond, we're your credit line specialists.

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SBA Loan FAQ's

  Are there any local lenders in Hobart that can help with SBA loans?

Hobart, IN harbors a dynamic small business ecosystem where local founders seek strategic financial support through SBA loan programs. The region's economic landscape offers multiple avenues for business growth, particularly for new enterprises looking to establish roots in Lake County's thriving commercial environment.

Here are a few local suggestions:
  • First Merchants Bank at Main Street & Ridge Road
  • Northwest Indiana Community Credit Union at Hart Street & Columbia Avenue
  • State Bank of Lake County at Ridge Road & Highway 30
  • Centier Bank at 165 W 57th Avenue
  • Industrial Bank of Gary at Broadway & 5th Avenue

Small business owners exploring SBA loan options in Hobart will find resources targeting equipment purchases, working capital, real estate acquisitions, and expansion initiatives. Local lenders understand regional economic dynamics and offer tailored financing solutions supporting Indiana's entrepreneurial community.

Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.

Interest rates for SBA loans in Hobart, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Hobart, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.

Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.

In Hobart, Porter County, IN, small businesses across diverse sectors like retail, service industries, and local manufacturing often qualify for SBA loan programs. Local founders in construction, plumbing, landscaping, and professional services can explore funding opportunities through traditional SBA 7(a) and 504 loan channels.

Specific business types near Indiana Dunes National Park frequently access capital through SBA programs, including restaurants, home improvement contractors, automotive repair shops, and technology startups. Qualification typically depends on business size, operational history, credit score, and financial performance in the greater Northwest Indiana region.

Elevate Yourself

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