Areas Served: Bessemer Alabama
A revolving loan fund for businesses in Bessemer Alabama is available to credit-worthy firms or developers for up to 40% financing of a project’s total fixed-asset costs, in amounts ranging from $20,000 to $200,000. Generally, the term is in the range of ten to fifteen years, with a fixed rate of interest at or below prime lending rate.
Restrictions apply to the types of businesses that can qualify under this program.
Contact InformationBessemer Industrial Development Board
Address: 1800 Third Avenue North
City: Bessemer
State: Alabama
Website:
http://www.bessemer.biz/
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