Areas Served: Barbour, Coffee, Covington, Dale, Geneva, Henry, Houston
The Southeast Alabama Revolving Loan Fund (RLF) is a locally controlled source of capital used to finance start-up and expanding businesses whose projects will create permanent jobs and leverage private sector investment in Barbour, Coffee, Covington, Dale, Geneva, Henry or Houston Counties.
Loan funds can be used to:
– Purchase land & buildings.
– Construct new buildings or renovate/modify existing buildings.
– Purchase machinery & equipment.
– Provide for permanent working capital
Business loans are available from $10,000 to $125,000. The RLF can finance up to 1/3 of the total project coSt. Interest rates will vary and will be 2 to 4 points above the Prime Rate.
Contact InformationSoutheast Alabama Revolving Loan Fund
Address: PO Box 1406
City: Dothan
State: Alabama
Website:
http://www.searpdc.org
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