Applicant Eligibility 
- Be at least 18 years old
- Be a US citizen or lawful permanent resident
- Own or intend to establish a for-profit business or non-profit childcare in Northeast Indiana
- Have not filed bankruptcy in the previous 12 months
A loan approval is based on your business plan, current ability to repay the loan, credit history, collateral, and the history of the business if already in operation.
Our Loan Products
Microloans may be used for the purchase of furniture, fixtures, supplies, materials, equipment, start-up expenses and/or for working capital.
| Credit Builder Loan | Mid-Range Loan | Capital Loan |
| up to $10,000 | $10,001-$25,000 | $25,001 – $50,000 |
| Term: max 60 months | Term: max 60 months | Term: max 60 months |
| Interest: up to 9% fixed | Interest: up to 8.25% fixed | Interest: up to 8.25% fixed |
| Time in Business: No Requirement | Time in Business: 6 months | Time in Business: 12 months |
| Collateral Value Requirement: 30% of loan request | Collateral Value Requirement: 30% of loan request | Collateral Value Requirement: 30% of loan request |
*These are loan guidelines. If you do not feel you meet all of the requirements, our BDF team can work with you to help you find the best loan product for your type of business.
How to Apply
Please send an email to bdf@mybrightpoint.org with ” BDF Small Business Loan” in the subject line. Include business owner name(s), business name, amount requested, email address, and telephone number. If you experience any problems, reach out to our office at (260) 423-3546 ext. 601 or bdf@mybrightpoint.org. If you do not already have a business plan please use the business plan template listed to the right.
Loan Application Fee
Once you gather all the necessary documents on the checklist, you can pay the application fee using PayPal: www.mybrightpoint.org/payment. Our application fee is $75.00. Please fill in your full name in the “note” section.