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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