IN · Direct

Direct Lending in Indiana.

Summit places direct lending with vetted lenders serving operators across Indiana — from Indianapolis, Fort Wayne, Evansville, South Bend to smaller commercial markets. Indiana manufacturers and Class 8 fleet operators commonly use sale-leasebacks and revolving lines to fund growth.

Capital Range
$5M – $500M+
Time to Funding
3 – 5 Weeks
Coverage
All of IN
Overview

Direct Lending for Indiana operators.

Direct lending is non-bank, privately negotiated debt provided to middle-market companies. It bridges the gap between bank syndicated debt and high-yield bonds — typically with tighter covenants, faster execution, and more flexibility on structure than the public markets. Summit arranges senior secured, unitranche, second-lien, holdco, and structured equity-debt hybrids for both sponsor-backed and non-sponsored borrowers.

In Indiana, direct lending demand is concentrated in manufacturing and logistics — sectors where Summit's lender bench has deep underwriting history. We structure deals against Indiana bank deposits, AR, and equipment, and execute documentation under the state's commercial finance rules.

Whether you operate in Indianapolis, Fort Wayne, or a secondary market, the same desk handles intake, term-sheet negotiation, and funding — so Indiana operators get institutional execution without local-bank delays.

Best Fit

Who this works for in Indiana.

  • Sponsor-backed leveraged buyouts and acquisition financing
  • Family-owned and founder-led middle-market growth capital
  • Dividend recapitalizations and shareholder liquidity events
  • Refinancing existing bank or unitranche facilities
  • Indiana-based operators in manufacturing, logistics, agriculture — Summit's most active IN segments.
Typical Terms · IN
Facility Size$5M – $500M+
StructureSenior / Unitranche / 2L / Holdco
PricingSOFR + 450 – 900 bps
Term5 – 7 Years
LeverageUp to 6.0× EBITDA (unitranche)
RecourseNon-Recourse to Sponsor
Qualification
EBITDA$2M+
Revenue$15M+
Business ModelRecurring or Contracted Cash Flow Preferred
Management TeamEstablished, Institutional Quality
Use of ProceedsM&A / Growth / Refinance / Recap
GeographyIndiana (IN)
Markets Served · Indiana
IndianapolisFort WayneEvansvilleSouth Bend+ Statewide

Ready to fund your Indiana business?

Same desk. Same execution. Indicative terms within 24 hours.

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