Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Apply For Indymae

Advertiser Disclosure

How to Apply


General requirements to borrow from a financial institution are:

  1. Age. The borrower must be at least 18 years old to apply for business financing from Indymae.

  2. Citizenship. Customers must be U.S. citizens or lawful permanent residents.

  3. Stable source of income. Customers must have a stable source of income. This may come from various sources, such as employment, business revenue, or a combination of both.

There is an additional set of requirements for each type of loan.

  • Business loans. Your minimum FICO should be 650+, and you have to be at least two years in business. The annual revenue you receive should be $150,000 and more.

  • Lines of credit. Your minimum FICO should be 650+, and you have to be at least two years in business. The annual revenue you receive should be $480,000 and more.

  • Invoice factoring requires you to have a minimum of 530+ FICO, be three years in business, and receive $10,000 monthly revenue.

  • To qualify for the Phoenix Program, you must have an ability to pay back, be at least one year in business, and receive $150,000 in annual revenue.

Application details

When applying for a loan with Indymae, you must provide some basic documentation. This includes:

  • Your ID;

  • Proof of income;

  • Proof of residency;

  • Bank details;

  • 6-months bank statements;

  • A year's business tax return.

Indymae may reject your loan application for several reasons. The most common is that the applicant does not have a regular source of income. Other reasons include having unpaid debts, a poor credit history, or failing to provide the required documentation if your loan application is rejected.

How to apply for a loan

After clicking the "Get Started" button on the Indymae website, enter how much money you want to borrow. Tap Continue and choose the purpose of your loan. Answer when you started your business and provide your revenue, credit score, your business name, industry you operate in, your business’s ZIP Code, and your name. You can provide your mobile phone number and email address. Click the “Request Loan” button. Indymae’s representative will reach out to you shortly to discuss the request. Should you need immediate help, call (888) 326-6888.


Can I apply for an Indymae line of credit if I am unemployed?

No, you cannot. The Indymae line of credit is only available to employed individuals who can provide proof of income.

Am I eligible for an Indymae loan if I have bad credit?

You are only eligible if you have at least 530 FICO score.

Why would Indymae reject my application?

Indymae may reject an application for several reasons. The most common reason is that the applicant does not meet the minimum eligibility requirements for the program.

Calculate loan payments in Indymae

Indymae calculator will allow you to calculate an approximate payment schedule for the loan

Indymae calculator
Interest rates are given in accordance with the rates of the Indymae of 23.05.2024
Loan amount

Enter the desired loan amount

10000 $
2000000 $
Loan term

Specify the loan term for the calculation

Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Indymae’s reviews by may 2024
Leave feedback
Similar companies
3000 NE 30th Pl Ste 104 Fort Lauderdale, FL 33306
+1 (855) 341-4500
Ace Title Loan
5371 HIGHWAY 90 West, Mobile, AL 36619
+1 (251) 665-1222
LoanStar Title Loans
3440 Preston Ridge RD STE 500 Alpharetta, GA, US, 30005
+1 (877) 511-2274
TFC Title Loans
3055 Wilshire Blvd #530, Los Angeles, CA 90010-1145
+1 (844) 242-3543
15 Bull Street Savannah, Ga. 31401