Coralbrook Funding, a small-business funding broker in Bloomington, Indiana, works with Martinsville, IN owners by phone and online. ZIP 46151 had 567 employer establishments in 2023, and construction led with 88, three-quarters of them with fewer than five employees (Census ZBP). A lending partner decides on each request and prices it.
| County | Morgan County, IN |
|---|---|
| Distance | About 18.0 miles NNE of Bloomington, IN |
| ZIP 46151 employers | 567 in 2023 (Census ZBP) |
| Largest sector | Construction, 88 establishments |
| Self-employed residents | 5.8%, +/- 2.4 (ACS 2020-2024) |
Martinsville, IN and Morgan County, IN
Martinsville is a city in Morgan County, north of Monroe County, so Monroe County statistics do not apply to it. The city lies entirely within ZIP 46151 and covers about 4.5 percent of that ZIP's land (U.S. Census Bureau 2020 ZIP code relationship file). The figures below describe the 46151 postal area.
ZIP 46151 in numbers
With 567 employer establishments in 2023, 5,073 paid employees and about $221.0 million in annual payroll, ZIP 46151 has the second-largest employer base of the towns on this site after Bedford's ZIP. Of those establishments, 57.3 percent had fewer than five employees (U.S. Census Bureau, ZIP Code Business Patterns 2023).
| Sector | Establishments | Share under five employees |
|---|---|---|
| Construction | 88 | 75.0% |
| Retail trade | 81 | 48.1% |
| Other services | 61 | 62.3% |
| Health care and social assistance | 48 | 35.4% |
| Professional, scientific and technical services | 46 | 69.6% |
| Accommodation and food services | 45 | 22.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023. Finance and insurance (39) and manufacturing (34) came next.
Small crews and their equipment
Three in four of the ZIP's 88 construction establishments had fewer than five employees. For a crew that size, a skid steer, a mini excavator or a new work van is a large share of a year's revenue, and paying cash for it can leave too little for payroll. That is why equipment questions come up first with small contractors: whether to buy or lease, new or used, and how long the payments should run. Equipment financing and leasing compares the three structures.
The other common contractor question is the gap between finishing work and being paid for it. A partner reviewing that request will usually want to see bank statements that show the pattern of payments coming in.
Self-employment in Martinsville, IN
About 5.8 percent of employed Martinsville residents were self-employed, plus or minus 2.4 points (U.S. Census Bureau, American Community Survey 2020-2024). That range overlaps the Indiana estimate of 8.0 percent, so the data does not show the city to differ from the state.
Reaching us from Martinsville, IN
The only address is 102 E Kirkwood Ave in Bloomington, Indiana, south-southwest of Martinsville. Martinsville 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.
Who Coralbrook Funding works with in Martinsville, IN
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 Martinsville, IN business is something else, call and ask before you spend time on paperwork.
What to gather before you call
- Your most recent business tax return
- A year-to-date profit and loss statement and balance sheet
- A driver's license or passport for each owner
- Formation documents and your EIN
- A list of existing business debts and payments
- A written quote or invoice if the money is for equipment
Partners differ in what they request; this list covers the usual ground.
What happens after you reach out
- It starts with a call to (812) 286-1845 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- You hear which options match the need and what a partner will likely want to review. We submit nothing without your approval.
- Once you agree, the request goes to partners that provide that type of funding. The credit decision belongs to each partner.
- If a partner makes an offer, you compare the total cost, payment schedule and terms. You are never obligated to accept.
Our office is at 102 E Kirkwood Ave, Bloomington, IN 47408.
By Coralbrook Funding · Updated
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