LOAN PROGRAM

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Cinnaire will launch the Jumpstart Indianapolis Loan Program to provide financing for acquisition and renovation of residential and commercial mixed-use properties in Martindale Brightwood and other Indianapolis neighborhoods. The Loan Program will be available to both experienced and novice developers who have completed an Indianapolis-based Jumpstart Training Program.

The Jumpstart Indianapolis loan process is similar to a bank process to help prepare aspiring developers for future funding from traditional banking institutions. Jumpstart Indianapolis requires loan applicants to complete an online application and attach a pro forma, comps, and construction budget.

Cinnaire is more than just a bank. It is a non-traditional, mission-driven community development lender that will help aspiring developers compete in a competitive real estate market and guide them along the way. Cinnaire’s goal as a partner in the Jumpstart Martindale Brightwood program is to work with the Martindale Brightwood community to reduce blight, build wealth locally and encourage neighborhood revitalization and stabilization.

Group Meeting Together

Contact:

Keith Broadnax

Senior Vice President, Business Development

Cinnaire

KBroadnax@cinnaire.com

Jumpstart Term Sheet Coming Soon