SSBCI Legend Fund — Indiana Small Business Loan Participation
Invests in Indiana small businesses through loan participation pathways with mission-oriented lenders.
The Legend Fund is a loan participation program established by the Indiana Economic Development Corporation (IEDC) under the federal State Small Business Credit Initiative (SSBCI), which is funded by the U.S. Treasury and state-administered by IEDC. The Legend Fund allocates up to $29 million to mission-driven local lenders — including Community Development Financial Institutions (CDFIs), revolvin…
Loan participation of $5,000–$1,000,000 for Indiana small businesses seeking operating capital — including startup costs, working capital, equipment, and facility improvements — channeled through mission-driven CDFIs and revolving loan funds, with at least 37% reserved for underserved borrowers.
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