Cloverglen Finance, a small-business funding broker in Muncie, Indiana, works with Winchester, IN owners in Randolph County by phone and online. ZIP 47394 had 219 employer establishments in 2023, with health care the largest group (Census ZBP). Lending partners alone make credit decisions and set rates and terms.
| County | Randolph County, IN |
|---|---|
| Distance | About 21.7 miles E of the office |
| ZIP 47394 employers | 219 in 2023 (Census ZBP) |
| Under five employees | 46.6% of ZIP 47394 employers |
| Largest sector | Health care, 37 establishments |
Randolph County, IN and ZIP 47394
Winchester is in Randolph County, Indiana, so Delaware County figures do not describe it. The city covers under 3 percent of ZIP 47394's land, so the counts describe a wide rural postal area around it. In 2023 the ZIP had 219 employer establishments, 3,106 paid employees and an annual payroll of about $162.2 million; 46.6 percent of the establishments had fewer than five employees (U.S. Census Bureau, ZIP Code Business Patterns 2023).
Health care ahead of retail
Health care and social assistance led with 37 establishments, retail followed with 29, other services had 22 and accommodation and food services 21. Professional services had 20 establishments, 80.0 percent of them with fewer than five employees (U.S. Census Bureau, ZIP Code Business Patterns 2023).
Practices tend to finance specific equipment and to need working capital while insurer payments are pending. Small professional firms, such as accounting, engineering or design offices, own few hard assets, so partners lean on their receivables and bank history instead. Equipment financing fits the first group; working capital or a line fits the second.
A note on the self-employment estimate
The Census estimate for self-employment among Winchester residents has a margin of error too wide to report usefully, so we do not quote it here.
Requests from Winchester, IN
Winchester owners start with a call or the online form like anyone else. The Delaware County, Indiana picture covers the office's county, and neighboring towns are listed on the communities page.
Winchester, IN sectors our partners fund
Our lending partners have confirmed they fund contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock, and Cloverglen Finance works with businesses like these in Winchester, IN. Each partner still decides case by case.
What to gather before you call
- The last three to six months of business bank statements
- Your most recent business tax return
- An up-to-date P&L and balance sheet, even if you prepare them yourself
- A driver's license or passport for each owner
- Your articles of organization or incorporation and the EIN letter
- For equipment, the seller's quote with make, model and price
No two partners ask for exactly the same file, so use this as a checklist rather than a rule.
What happens after you reach out
- You call (765) 224-5062 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.
- 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.
- When an offer arrives, weigh its full cost, how payments are scheduled and the conditions. Accepting is entirely your choice.
Our address: 301 S Walnut St, Muncie, IN 47305.
By Cloverglen Finance · Updated