The 2024 Madison County Credit Boost Challenge: Unlocking Opportunities for Local Business Owners

April 18, 2024
Jade Parker-Dinkins, owner of ROJOrganics, packages a product for a customer during the inaugural Credit Boost Challenge held at P30 in Indianapolis in 2023.

Your personal credit holds the key to more opportunities for business funding. That’s why Bankable is hosting the Madison County Credit Boost Challenge on June 18. Any business owner in Madison County is eligible to apply to attend this day-long event, which comes with an opportunity to receive a $1,000 Credit Booster loan and earn quarterly incentives of $250.

At the event, you’ll participate in interactive learning sessions with seasoned local presenters. Session topics include understanding your credit report, building personal credit, business credit, and banking. You’ll also network with other business owners throughout the day.

The Credit Boost Challenge event wraps up with the Marketplace, a unique opportunity to test the market for your business and earn money by selling your products and services. We’ll provide all participants with a table at no cost. The Marketplace is a private reception; attendees will include community stakeholders and our referral banking partner network. It’s a great way to spread the word about your business and make connections.

Making timely payments on credit cards and loans is crucial to building your credit, which is why we offer all participants a $1,000 Credit Booster Loan. As long as you make each monthly payment on time, having this tradeline on your credit report could help to increase your credit score.

Over the coming year, business owners who successfully complete the day-long Credit Boost Challenge event can earn $250 per quarter by attending additional sessions on personal finance and credit-related topics. This means that you can potentially earn extra money to help make payments on your loan account or pay down debt that is reflected on your personal credit report, which truly makes the Credit Boost Challenge a win-win opportunity for you.

This is a selective funding opportunity; not everyone who applies for the Credit Boost Challenge will be accepted. Learn more about the Challenge and apply at