Back to Grants
AL

Innovate Alabama LendAL — SSBCI Credit Enhancement

State Small Business Credit Initiative credit enhancements reducing lender risk for Alabama restaurants and food service businesses, making it easier to secure loans for equipment, renovation, and working capital.

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, including restaurants and food service businesses.

Requirements

  • Business must be headquartered in Alabama or loan proceeds must be spent in Alabama
  • Must work through an approved LendAL lender