Flagship Enterprise Capital, Inc.

What Flagship Enterprise Capital, Inc. does

Flagship Enterprise Capital is a nonprofit certified Community Development Financial Institution (CDFI) headquartered in Indiana that provides small business loans and technical assistance to underserved entrepreneurs across the state. The organization offers loans up to $350,000 at fair rates and terms, processed through a core partnership with Bankable, which handles application intake and underwriting via bankable.org. Flagship operates three integrated service lines: a general small business loan product, technical assistance resources deployed through Indiana partner organizations, and the Indiana Black Owned Business Fund — positioned as Indiana's first loan program exclusively for Black-owned businesses offering lower rates, no fees, and supplementary entrepreneurial support.

Revenue mechanics derive from loan interest, program fees, and grant funding sourced from financial institutions (notably a $250,000 Wells Fargo grant) and the federal CDFI Fund. With 1-10 employees and a lean operational footprint, the organization relies heavily on partner networks rather than proprietary infrastructure for distribution and service delivery. Customer acquisition is driven by direct website CTAs linking to the Bankable portal and referral relationships with Indiana partner organizations, with light social media presence (Twitter, Instagram) supporting top-of-funnel awareness.

Flagship's borrower base spans startup and established businesses across Indiana — including minority-owned, women-owned, veteran-owned, and low-income enterprises — across industries such as retail, hospitality, and healthcare. Cumulative impact metrics disclosed include 146 loans, $3,000,000+ deployed, 71 new businesses funded, 83 LMI borrowers, 77 Black-owned businesses, and 58 woman-owned businesses served. No proprietary technology platform is evident; the technical stack is essentially the Bankable application portal plus a Webflow-based marketing site, making this primarily a capital deployment and relationship organization rather than a technology company.

Name

Flagship Enterprise Capital, Inc.

Legal name

Flagship Enterprise Capital

Website

https://flagshipenterprisecapital.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Flagship Enterprise Capital is a nonprofit certified CDFI providing small business loans up to $350,000 and technical assistance to underserved Indiana entrepreneurs — including minority-owned, women-owned, and veteran-owned businesses — delivered through a Bankable partnership and a network of Indiana partner organizations.

Ownership category

akta.pro rank

Product category

Community Development Lending

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)

akta.pro secondary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Small business lending
• Community development finance
• CDFI lending
• Small business loans
• Economic development lending

Headquarters

HQ city

Anderson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Small Business Lending: Flagship Enterprise Capital provides small business loans up to $350,000 to qualifying Indiana businesses. As a nonprofit CDFI, revenue is generated through loan interest and program fees. The organization also receives grant funding from financial institutions and government sources.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Flagship Enterprise Capital, Inc. is a nonprofit certified Community Development Financial Institution (CDFI) that provides small business loans of up to $350,000 to underserved businesses in Indiana. The organization partners with Bankable for loan processing and operates the Indiana Black Owned Business Fund to support minority-owned small businesses.

Product overview

Flagship Enterprise Capital is a nonprofit certified Community Development Financial Institution (CDFI) that operates as a single unified offering focused on providing financial support to underserved Indiana businesses. The organization offers three integrated services: (1) Small Business Loans up to $350,000 in partnership with Bankable, (2) Technical Assistance through Indiana partner organizations, and (3) the Indiana Black Owned Business Fund as a specialized loan program with preferential terms for Black-owned businesses. These offerings work together to provide a comprehensive ecosystem of capital access and business development support for entrepreneurs who face barriers to traditional funding.

Differentiator

Problem solved

Functional benefit

Brands

• Indiana Black Owned Business Fund: Indiana's first and premier loan fund exclusively for Black-owned businesses, offering lower rates, no fees, additional technical assistance support, and memberships to other entrepreneurial support resources.

Quantifiable outcome

• 146 loans made to Indiana small businesses totaling over $3,000,000
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and flagship.

• BankablecoreChannel Partner/ Reseller/ DistributorFlagship Capital partners with Bankable to offer small business loans up to $350,000 to qualifying Indiana businesses. Bankable processes loan applications through their platform at bankable.org.
• Indiana Black Owned Business FundflagshipOthersIndiana's first and premier loan fund exclusively for Black-owned businesses, offering lower rates, no fees, additional technical assistance support, and memberships to other entrepreneurial support resources.
• Indiana Partner OrganizationscoreImplementation/ SI/ Consulting PartnerKey Indiana partner organizations through which technical assistance resources and programs are deployed for maximum effectiveness to borrowers.

Scale indicators7 records

Recent moves6 records

Expansion highlights3 records

Emerging players

• Kiva: Kiva is a nonprofit crowdfunded microlending platform serving underserved small entrepreneurs globally; it overlaps with Flagship's micro/SMB lending mission but differs in distribution model.
• Grameen America: Grameen America is a nonprofit microfinance organization providing small business loans to low-income entrepreneurs, with a mission-aligned but distinct microlending model versus Flagship's CDFI structure.
• Capital Impact Partners: Capital Impact Partners is a nonprofit CDFI supporting underserved communities with capital and capacity-building services, sharing mission and structure with Flagship though operating at a larger national scale.
• Nonprofit Finance Fund (NFF): NFF is a nonprofit CDFI providing financing and advisory to mission-driven organizations, with partial overlap in target audience and mission-driven lending approach.

Direct peers

• IFF: IFF is a nonprofit CDFI that provides loans and real estate capital to nonprofits and small businesses in the Midwest, including Indiana, serving as a comparable community development lender with overlapping regional footprint.
• LiftFund: LiftFund is a nonprofit CDFI providing small business loans and technical assistance to underserved entrepreneurs, mirroring Flagship's mission-driven lending model and target borrower segments. It is a closely comparable peer in product, customer, and business model.
• Community Reinvestment Fund, USA (CRF): CRF is a national nonprofit CDFI that finances small businesses and community development projects, with comparable lending products and an impact-driven operating model.
• Accion Opportunity Fund: Accion Opportunity Fund is a nonprofit CDFI providing small business loans and advisory services to underserved entrepreneurs, with similar mission, product offering, and borrower profile to Flagship.
• CDC Small Business Finance: CDC Small Business Finance is a nonprofit CDFI providing capital and technical assistance to underserved small businesses, aligning closely with Flagship on product mix and target market.
• Justine Petersen Capital: Justine Petersen Capital is a nonprofit CDFI offering small business loans, coaching, and technical assistance to underserved entrepreneurs across Missouri and beyond — a close analog in target market, loan product, and nonprofit CDFI structure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/madebyflowcraft
• Instagraminstagram.com/madebyflowcraft
• LinkedInlinkedin.com/company/flagship-enterprise-capital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flagship Enterprise Capital, Inc.