Areas Served: Mobile Alabama The Retail Forgivable Loan Program is designed to promote new and additional retail business operations in selected areas of Downtown Mobile Alabama. The Program will offer loans from the Downtown Mobile Alliance, Inc. (DMA), which can be forgiven with no principal or interest due if the business remains in operation for
Read MoreAreas Served: Jefferson The EDA Revolving Loan Fund Program provides direct loans for the purchase of land, buildings, machinery, equipment and new expansion. Limited to businesses located within the City of Birmingham. Contact Information Address: 710 North 20th Street City: Birmingham State: Alabama Website: https://ieo.birminghamal.gov/
Read MoreThe Alabama Department of Revenue administers several tax incentives available for existing industries, expanding industries, and new industries locating in Alabama. Tax incentives are created and administered under the Alabama Constitution of 1901 and the Code of Alabama 1975. The statutory basis for Alabama tax incentives gives industry a stable framework for long-term investment. Major
Read MoreAreas Served: Choctaw, Clarke, Conecuh, Dallas, Marengo, Monroe, Perry, Sumter, Washington, Wilcox The ATRC presently operates a Revolving Loan Fund (RLF) that has loaned more than ten million dollars to businesses in Choctaw, Clarke, Conecuh, Dallas, Marengo, Monroe, Perry, Sumter, Washington and Wilcox counties. Funds through the EDA, USDA Rural Development, and a State Bond
Read MoreAreas Served: Baldwin, Escambia, Mobile The South Alabama Regional Planning Commission provides a revolving loan program for manufacturing, service and commercial businesses in Mobile, Baldwin and Escambia counties. This RLF focuses on gap financing with required bank participation. Business loans are available from $10,000 to $125,000. Contact InformationSouth Alabama Regional Planning CommissionAddress: 110 Beauregard St,
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