July funding lowest rates in program history! All rates below 2.5%.
If you are a current borrower with questions about your loan please call the office at 1-334-244-1801 or email email@example.com or firstname.lastname@example.org . We are here for you. Also, see the tab “Have a Loan/Loan Servicing” for more information.
See our COVID-19 tab for specific information about SBA and other program initiatives for businesses, including a new State of Alabama small business grant program announced 7/8/2020.
We are The Southern Development Council, and we believe in The Southeast and its people. The best way we can help our community is by building businesses one at a time, and by helping them create job opportunities.
We do that by MAKING LOANS to businesses for the purchase of buildings, construction of new ones, and buying equipment.
We loan up to 90% of the cost long-term at fixed, low interest rates. Loans can be 10, 20 or 25 years.
You don’t have to already be in business; we will work with startup companies as well as expanding industries.