Web Resources

Funding Sources

The Small Business Administration (SBA) offers a variety of special loan programs to eligible small businesses that are unable to borrow on reasonable terms from conventional lenders. The most appropriate loan program will vary with the amount of financing needed and the use of loan proceeds. These loans are done through lenders, with SBA guaranteeing the loan they make. The following links contain information on SBA-supported loans.

Small Business Administration (SBA) - District Office in Birmingham, Alabama
http://www.sba.gov/al/financing.html
The website of the Small Business Administration's Birmingham district office provides explanations of the different SBA financing options, as well as links to approved SBA lenders.

Southern Development Council
http://www.sdcinc.org
SDC is a private non-profit corporation founded in 1983. SDC is authorized by the Small Business Administration to package and service financing for major fixed assets, such as land and buildings (SBA 504 loans) throughout Alabama, Mississippi (excluding Amite and Wilkinson Counties), and in the panhandle area of Florida.

Alacom Finance
http://www.alacom.com
Alacom Finance, a not-for-profit corporation, provides various federally-subsidized loans to businesses in Alabama, Northwest Florida, Mississippi, and Western Tennessee.