Beauty & Personal Care · lender intelligence
How to finance a Smartstyle in Indiana
The SBA 7(a) lenders funding the most Smartstyle deals in Indiana, from public loan records — typical Smartstyle loan about $600K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Smartstyle in Indiana
$614K
Typical loan
range $310K–$651K
$682K
Est. purchase price
≈ loan ÷ 90%
$91,247
Cash to close
$68,222 down + fees
$7,945/mo
Typical payment
~9.5% · 10yr
$109,641/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
56 days
Typical time to fund
3
Lenders competing
more = leverage
6.08%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with Smartstyle in Indiana
Ranked by funded Smartstyle loans in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.88 loans · $96M · Muncie, INFull record →
- 2.14 loans · $23M · Miami Lakes, FLFull record →
- 3.62 loans · $34M · Winter Haven, FLFull record →
3+ funded Smartstyle in Indiana deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Fight 6:12 Beauty, LLC in Fishers, IN — $310K (2021) · First Merchants Bank
- Program
- 7a General
- Rate at approval
- 4.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $232K (75%)
- Approval → funding
- 0 days
- Approved
- 11/4/2020
- First disbursed
- 11/4/2020
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 35
- Business age
- New Business or 2 years or less
- Industry
- Beauty Salons
Funded by First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
- Z2 Great Lakes Cosmetologists Organization, LLC in Elkhart, IN — $651K (2020) · purchase · SouthState Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% variable
- Term
- 124 months
- SBA guaranteed
- $488K (75%)
- Approved
- 3/19/2020
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 61
- Business age
- Change of Ownership
- Industry
- Beauty Salons
If you were the buyer here
- Est. deal size
- $723K
- Est. down payment (10%)
- $72K
- Est. cash at closing
- $97K
- Monthly payment
- $7,475
- Annual debt service
- $90K
- Cash flow needed (1.25×)
- $112K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by SouthState Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- The Wardlow Group LLC in Greencastle, IN — $614K (2020) · purchase · BankUnited, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $461K (75%)
- Approval → funding
- 56 days
- Approved
- 2/4/2020
- First disbursed
- 3/31/2020
- Loan status
- Paid in full (12/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Partnership
- Secondary market
- Loan sold to investors
- Jobs supported
- 65
- Business age
- Change of Ownership
- Industry
- Beauty Salons
If you were the buyer here
- Est. deal size
- $682K
- Est. down payment (10%)
- $68K
- Est. cash at closing
- $91K
- Monthly payment
- $7,050
- Annual debt service
- $85K
- Cash flow needed (1.25×)
- $106K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by BankUnited, National Association · Lender record →
Your business? Claim this record · Request removal
Buying a Smartstyle in Indiana? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Smartstyle loans with a Indiana project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Smartstyle purchase in Indiana with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Indiana deals. First Merchants Bank funds the most here. CapBench is not a lender.
- $600K typical Smartstyle loan
- 3 lenders active in Indiana
- 3+ funded Indiana deals
- 56 days typical to fund
Buyers buying a Smartstyle in Indiana typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.