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Innovate Alabama LendAL — SSBCI Credit Enhancement
State Small Business Credit Initiative credit enhancements reducing lender risk for Alabama small businesses including those owned by senior entrepreneurs, improving access to capital through participating lenders.
About this program
Visit the program website for full details.
Eligibility
Small businesses operating in Alabama or whose loan proceeds will be spent in Alabama.
Requirements
- Business must be headquartered in Alabama or loan proceeds must be spent in Alabama
- Must work through an approved LendAL lender