Merchants Bank of Indiana has a fresh approach that will change the way you look at business banking.

Whether you are a small business owner or you manage a large commercial company, Merchants Bank won’t put your business in a box. From business loans to treasury management and deposit services, Merchants Bank is here to help. Our Business Bankers understand what it takes to run a successful company in today’s business world. It’s easy to bank with Merchants Bank. Hop on over!

Business Checking

  • No Minimum Balance
  • No Monthly Fees
  • Free Business Debit Card
  • Free Internet Banking with Bill Pay
  • Free Notary Service
  • Free Account Alert via Email and Text
  • ACH Origination and Remote Scanners

Business Savings/Certificates of Deposit

  • Business Savings Account
  • Business Money Market Account
  • Certificates of Deposit (CD) with flexible maturities


  • Working Capital Lines of Credit
  • Equipment Loans
  • Owner Occupied Real Estate
  • SBA Financing

Business Online Banking

  • Review up to the minute account information
  • Quickly see summary information for all accounts
  • Search, sort, and export account information
  • View, print, or save check images
  • Initiate internal account transfers, stop payments, wire transfers and ACH transactions
  • Add additional users and specify the level of access and which accounts the person can view

Treasury Management

  • Cash Management - Investment Sweeps, Line of Credit Sweep, Zero Balance Accounts
  • Electronic Payment - ACH Origination, Wire Transfer
  • Merchant Processing

Small Business Lending

Merchants Bank of Indiana partners with small business owners to provide a number of financial assistance programs for small businesses that have been specifically designed to meet key financing needs, including debt financing, working capital, and equity financing.

Partner with Merchants for your Small Business Financing Needs

  • Long term and short term working capital
  • Purchase equipment, machinery, furniture, or fixtures
  • Purchase or refinance real estate
  • Acquisition of a business and/or assets


  • Jeff Scott, President, SBA Lending (Chicago) – 312.480.8826
  • Sherwin Patidar, Senior Business Development Officer (Chicago) -312.480.0192
  • Tony Holtzman, Senior Business Development Officer (Indianapolis) – 317.502.8547

Let us help you make the switch

We make switching to Merchants convenient and uncomplicated.  Simply download and complete the electronic Business Switch Kit and one of our Business Bankers will assist with the rest.
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