Financing Your Business

Perhaps one of the most challenging issues facing business owners is finding the financial resources they need. The Chamber maintains strong relationships with the area lenders, including traditional commercial banks, credit unions, micro lenders, angel investors and alternative financial resources. We 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
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
IPC Capital Partners

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 Administration

 

The Truth About Grants

U.S. Small Business Administration
Government Grants