Coralbrook Funding, a small-business funding broker in Bloomington, Indiana, works with Bloomfield, IN owners by phone and online. ZIP 47424 had 172 employer establishments in 2023, and 65.7 percent had fewer than five employees (Census ZBP). Lending partners alone decide on credit and set every rate and term.
| County | Greene County, IN |
|---|---|
| Distance | About 23.7 miles WSW of Bloomington, IN |
| ZIP 47424 employers | 172 in 2023 (Census ZBP) |
| Under five employees | 65.7% of ZIP 47424 employers |
| Largest sector | Other services, 32 establishments |
Bloomfield, IN in Greene County, IN
Bloomfield is in Greene County, Indiana, west of Monroe County, and Monroe County statistics do not describe it. The whole town falls inside ZIP 47424, but it covers only about 0.8 percent of the ZIP's land (U.S. Census Bureau 2020 ZIP code relationship file). The figures below describe the 47424 postal area.
ZIP 47424: a ZIP of very small firms
ZIP 47424 had 172 employer establishments in 2023, with 1,393 paid employees and about $60.2 million in annual payroll. Nearly two-thirds, 65.7 percent, had fewer than five employees (U.S. Census Bureau, ZIP Code Business Patterns 2023).
| Sector | Establishments | Share under five employees |
|---|---|---|
| Other services | 32 | 84.4% |
| Retail trade | 24 | 62.5% |
| Construction | 19 | 84.2% |
| Professional, scientific and technical services | 19 | 68.4% |
| Health care and social assistance | 14 | 50.0% |
| Finance and insurance | 13 | 69.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023.
When the business is mostly the owner
Repair and personal-service businesses and contractors here are almost all very small: more than eight in ten had fewer than five people. For businesses that size, the most common funding question is not a large project but an uneven month: a supplier bill before a customer pays, or a tool that fails mid-job.
A revolving business line of credit handles that kind of recurring, uneven cost, because you draw only what you need and repay as money comes in. Getting a first line usually depends on a track record, so keeping business and personal accounts separate from the start helps.
About local estimates
The American Community Survey's self-employment estimate for Bloomfield residents carries a margin of error nearly as large as the estimate (ACS 2020-2024), so it is not used on this page.
Reaching us from Bloomfield, IN
The only address is 102 E Kirkwood Ave in Bloomington, Indiana, east-northeast of Bloomfield. Bloomfield owners start with a call to (812) 286-1845 or the short online form, and the work continues by phone. The Bloomington, IN page has Monroe County data and local contacts, and nearby towns we work with lists the others.
Bloomfield, IN businesses we help
Our partners have confirmed appetite for four kinds of business: contractors and construction trades, restaurants and food service, medical and dental practices, and retailers and wholesalers that carry stock. If your Bloomfield, IN business is something else, call and ask before you spend time on paperwork.
Documents to have ready
- Your most recent business tax return
- Current financial statements: profit and loss plus a balance sheet
- Photo ID for every owner of the business
- Formation documents and your EIN
- Details of any loans, leases or advances the business already carries
- The equipment quote, contract or purchase order the funding is for
No two partners ask for exactly the same file, so use this as a checklist rather than a rule.
From first call to a partner's decision
- You call (812) 286-1845 or send the short form (name, contact details and business name). When we speak, we ask what the money is for, how long you have been in business and roughly what the business brings in.
- We explain which funding types fit that use and what partners usually need to see. Nothing is submitted without your go-ahead.
- With your permission, we take the request to lending partners that offer that kind of funding. Each partner reviews it and makes its own credit decision.
- Any offer comes from the partner. Read the total cost, the payment schedule and the terms before deciding; turning it down is always an option.
Our office is at 102 E Kirkwood Ave, Bloomington, IN 47408.
By Coralbrook Funding · Updated
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