Financing For Companies Located In Distressed Areas

Cambridge has worked with entities that receive New Market Tax Credit allocations to set up small loan pools. These pools can successfully provide financing to companies located in distressed areas.

Cambridge has established four (4) loan pools totaling approximately $39 million. Each of these funds can provide $200,000 to $4,000,000 in financing.

The Grow Indianapolis Fund can assist companies located in distressed areas of Indianapolis. The Grow Indiana Fund can assist companies throughout the entire state of Indiana.

Grow Indianapolis Fund
This $8 million fund was established in 2017 and is expected to continue until 2025. With these funds $12 million has been provided to 9 companies.

Grow Indianapolis Fund II
This $9.5 million fund was established in 2020 and is expected to continue until 2028. With these funds $10.5 million has been provided to 8 companies.

Grow Indianapolis Fund III
This $9 million fund was established in 2023 and is expected to continue until 2032.

Grow Indiana Fund
This $12.4 million fund was established in 2023 and is expected to continue until 2032. With these funds $11 million has been provided to 5 companies.

Please call our office at (317) 843-9704 to address qualifications and typical structures.