We are The Southern Development Council, and we believe in Alabama 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.