Areas Served: Bullock, Butler, Crenshaw, Lowndes, Macon, Pike
The South Central Alabama Development Commission’s Revolving Loan Fund (RLF) Program is a locally controlled source of capital used to provide gap financing to start-up and expanding businesses in Bullock, Butler, Crenshaw, Lowndes, Macon, and Pike counties.
The primary goal of the program is to stimulate the economy through the creation of local jobs.
The RLF targets small to medium-sized businesses, which are financially sound but are unable to secure adequate financing for start-up or expansion projects.
Loans can be made up to $150,000 for financing land, buildings, equipment, and working capital.
Contact InformationSouth Central Alabama Development Commission
Address: 5900 Carmichael Place
City: Montgomery
State: Alabama
Website:
http://scadc.net/planning_economic_development/revolving_loan_fund
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