Areas Served: Jefferson The SBA Microloan Program 7(m) provides small, short-term loans to small businesses. The SBA makes funds available to specially designated intermediary lenders, which are nonprofit community-based organizations with experience in lending as well as management and technical assistance. These intermediaries make loans to eligible borrowers. The maximum loan amount is $7,500. SBA
Read MoreAreas 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
Read MoreAreas Served: Cullman, Lawrence and Morgan The North-Central Alabama Regional Council of Government operates a Revolving Loan Fund (RLF) for the counties of Cullman, Lawrence and Morgan for the purpose of providing gap financing for businesses that are financially healthy and growing but cannot obtain adequate financing to complete an expansion or start-up project. The
Read MoreAreas Served: Lee, Russell The Lee-Russell Council of Governments Revolving Loan Fund (RLF) is a locally controlled source of capital used to finance start-up and expanding businesses. This program enables the Lee-Russell Council of Governments in collaboration with a private lender to financially assist small and medium-sized businesses in Lee and Russell County. The RLF
Read MoreAreas Served: Downtown Montgomery Alabama Downtown Montgomery property owners can apply for funds to renovate the facades of existing properties located within the program boundaries. Done in conjunction with the Downtown Montgomery Plan, the City offers a grant to the building owner to pay a portion of improvement costs. This creates a win-win project for
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