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
Read MoreAreas Served: Colbert, Cullman, Dekalb, Franklin, Jackson, Lauderdale, Lawrence, Limestone, Madison, Marshall, Morgan and Winston counties The Special Opportunities Counties (SOC) Loan Fund is designed to enhance economic development opportunities for the most economically distressed counties in the TVA service area including Colbert, Cullman, Dekalb, Franklin, Jackson, Lauderdale, Lawrence, Limestone, Madison, Marshall, Morgan and Winston
Read MoreAreas Served: City of Gadsden GCDA offers a Facade and Sign Grant Incentive Program for eligible business owners located in the City of Gadsden’s TIFF Districts. Funds are provided on a matching basis with a maximum award of $3,000 for façade (exterior) work and $1,000 for signage. The building owner or tenant must receive approval
Read MoreAreas Served: Blount, Chilton, Jefferson, St. Clair, Shelby & Walker Counties The Regional Planning Commission of Greater Birmingham operates a revolving loan fund that provides supplemental financing for expanding and new businesses located in Blount, Chilton, Jefferson, St. Clair, Shelby and Walker Counties whose projects will result in the creation of new permanent jobs. RLF
Read MoreAreas Served: Calhoun, Chambers, Cherokee, Clay, Cleburne, Coosa, Etowah, Randolph, Talladega, Tallapoosa The RLF Program administered by the East Alabama Regional Planning and Development Commission (EARPDC) provides gap financing for business and industry to stimulate economic development. The Program’s primary goal is to reduce unemployment and create new jobs. The RLF Program provides gap financing
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