Midwest · Retail · First lien
Retail hard money loans in Indiana.
First-position retail loans across Indiana — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Stokley Intelligence · Updated September 2026
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Indiana market context
The economy behind the collateral.
Indiana's central location and interstate network make it a national logistics and manufacturing hub, with Indianapolis serving as a distribution crossroads and auto and pharmaceutical manufacturing supporting secondary metros.
- Logistics and distribution
- Automotive manufacturing
- Pharmaceuticals and life sciences
- Agriculture
- Higher education
Retail underwriting
What we look at first.
- Rent roll, lease terms and near-term rollover
- Anchor and co-tenancy provisions
- Tenant sales, occupancy cost and credit
- Traffic, visibility and trade-area demographics
- Re-leasing cost: TI, commissions and downtime
Situations
Retail loans we see in Indiana.
- Anchor vacancy or dark-store situations
- Re-tenanting and repositioning plans
- Maturities on centers with near-term lease rollover
- Acquisitions of centers priced below replacement cost
Selling a retail property in Indiana? Stokley also buys real estate as a principal. Submit it for acquisition.
Indiana metros
Local lending pages.
We lend across Indiana, not only in these metros. Each page covers the local economy and a direct request form.
Hard money lending guidelines
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Indiana retail loan request.
Questions
Indiana retail loans, answered.
- Does Stokley Capital make retail loans in Indiana?
- Yes. We make first-position retail hard money and bridge loans throughout Indiana, including Indianapolis, Fort Wayne, South Bend, Evansville and smaller markets.
- How large are your Indiana retail loans?
- Typically $1M–$5M, first lien. Larger loans are considered.
- What should a Indiana retail loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Other property types in Indiana
Next step
Financing retail in Indiana?
Send the property, amount and deadline. A principal will respond directly.