Small Business Development

Financing Your Business

Perhaps one of the most challenging issues facing business owners is finding the financial resources they need. The Mobile Chamber maintains strong relationships with area lenders, including traditional commercial banks, credit unions, micro lenders, angel investors and alternative financial resources. The Mobile Chamber can help you understand your capital needs and develop a plan before approaching a lender to help you put your best foot forward. If your business needs money to start or grow, whether it is working capital, inventory, equipment or expansion we can help you find the right avenue for your financing needs.

Traditional Financing

Click here for a list of Chamber member banks, credit unions and lenders.

Non-Traditional Financing

Alabama Small Business Capital
Community Enterprise Investments Inc.
Downtown Mobile Alliance
LiftFund
South AL Regional Planning Commission
Southern Development Council
U.S. Small Business Administration

Capital Investment Companies

Central Gulf Coast Private Investor Network
Browning, Mecke & O’Neal
Gulf Coast Angel Network

Government Loan Programs

Alabama Department of Economic and Community Affairs
CAPLines Loan Program – Short-Term Loans and Revolving Lines of Credit
U.S. Department of Agriculture
Department of Commerce – EDA Revolving Loan Program
Department of Treasury
GovLoans.gov
U.S. Small Business Administration

Credit Challenges

Consumer Credit Counseling Service of Mobile

Disaster Loans

U.S. Small Business Administration Disaster Loan Program
U.S. Department of Agriculture Disaster Program
Alabama Department of Economic and Community Affairs