Lenders
The National Bank of Indianapolis
The National Bank of Indianapolis is a locally owned national bank founded in 1993 to serve individuals, businesses, and nonprofit organizations in the Indianapolis area. Its commercial real estate group lends on commercial property for owners, developers, and businesses buying or repositioning space.
The commercial real estate line covers new construction lending for ground-up projects including land acquisition, labor, and materials; bridge and mini-permanent financing to carry a property through reconstruction and upgrades until permanent financing or an exit is in place; and long-term fixed or floating rate products. Loan terms are set by a team of commercial lenders who make decisions locally.
Beyond real estate, the bank offers commercial lines of credit, acquisition financing, owner-occupied real estate mortgages, equipment term loans, SBA 504 and 7(a) loans, and treasury management. Nonprofit clients can access construction loans, permanent mortgages, and tax-exempt bond and tax credit financing. The bank also runs private banking, personal banking, wealth management, and retirement plan services, and is a member of the FDIC.
The commercial real estate page does not state investor-property eligibility, loan minimums, recourse terms, rates, or cash-out policies. Confirm those with a commercial real estate specialist before relying on them.
Best for
Indiana owners and developers who want construction, bridge, or permanent financing from a bank whose commercial real estate lenders sit in Indianapolis. Not a fit for borrowers outside the bank's market or anyone who needs published loan minimums and terms before calling.
What they do
- New construction lending for commercial property
- Bridge and mini-permanent financing
- Long-term fixed and floating rate commercial mortgages
- Owner-occupied commercial real estate mortgages
- SBA 504 and 7(a) loans
- Commercial lines of credit
- Acquisition financing
- Equipment term loans
- Treasury management
- Tax-exempt bond and tax credit financing for nonprofits
Details
| Attribute | Value |
|---|---|
| Founded | 1993 |
| Memberships | Member FDIC |
| Lender type | Bank, Portfolio |
What stands out
- Founded in 1993 as a locally owned national bank serving individuals, businesses, and nonprofit organizations.
- Commercial real estate loans are underwritten and decided by local commercial lenders rather than an out-of-market credit desk.
- Construction, bridge/mini-permanent, and long-term fixed or floating rate products are all offered in-house.
- Nonprofit lending includes construction loans, permanent mortgages, and tax-exempt bond and tax credit financing.
- Private Banking is designed for customers with combined balances of $50,000 or more in qualifying accounts.