Areas Served: Talladega County
To complement a conventional bank loan, the Talladega County Economic Development Authority Revolving Loan Fund can be used to finance business projects up to $125,000, or 1/3 of project needs, including working capital.
Rates and terms are negotiable depending upon credit and need; the interest rate can be as low as two percent below prime, and the term can be as long as the conventional loan or the life of the assets financed, whichever is longer.
Contact InformationTalladega County Economic Development Authority
Address: PO Box 867
City: Sylacauga
State: Alabama
Website:
http://www.tceda.com
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