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Alabama Small Business News

How to Get a Small Business Loan: 3 Questions

Suzanne Darden of the Greater Birmingham SBDC provides some great advice in this Nerdwallet.com article.  To contact Suzanne or anyone else at the Alabama SBDC Network’s Capital Access team, contact us today! Getting a small-business loan isn’t as simple as going to your local bank anymore. With

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7 Questions to Ask for a Small Business Loan

Key questions to ask your SBDC counselor: Small Business Development Center advisors can offer you experienced advice, unbiased opinions and the invaluable market knowledge that you need to prepare your small-business loan application — all for free. The U.S. Small Business Administration sponsors hundreds of these centers around

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Insights into SBA Lending

The BBJ asks 4 lenders why SBA loans make sense for small businesses. Source: Birmingham Business Journal, 12 July 2015 The Alabama SBDC Network provides no-cost business counseling, and assists existing businesses and start-ups with their capital needs, including conventional and SBA-backed loans. Q: What are the advantages

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ASU SBDC marches on after leader’s death

Andrea Price smiled as she greeted a local woman who came to Alabama State University’s Small Business Development Center with an idea for a startup, and not much else. It had been nearly two weeks since the unexpected death of the center’s longtime director, Lorenza Patrick. But

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Troy SBDC Helps Businesses Start & Grow

The U.S. Small Business Administration estimates more than 382,000 small businesses in Alabama contribute to the economy. One of those businesses is owned by local Dr. Jessica Bullock Sarratt. Sarratt, who has owned Family First Chiropractic on West Main Street for nearly two years, said she started

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Auburn SBDC Receives Eagle Award

After counseling more than 165 businesses in the past year and helping them generate roughly $13 million in capital infusion, the Small Business Development Center (SBDC) at Auburn University was recognized by the Auburn Chamber of Commerce for “Broad Contributions to the Auburn Community.” Located at the

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ASU Woman 2 Woman Business Conference

The SBDC at Alabama State University hosted its annual Woman 2 Woman Business Conference in Montgomery: WSFA.com Montgomery Alabama news.

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BCA: State of Small Business in AL

Billy Canary, president and CEO of the Business Council of Alabama, speaks with Bill Cummins, Executive State Director of the Alabama Small Business Development Center Network about the state of small business in Alabama and the United States, and he will describe the good work that the

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SBA Emerging Leaders Birmingham E200

The SBA Emerging Leaders Initiative Birmingham (E200) is a federal training initiative that specifically focuses on executives of businesses poised for growth in historically challenged communities. The E200-Birmingham initiative provides these executives with the organizational framework, resource network, and motivation required to build sustainable businesses and promote

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Success: AL Small Business Credit Initiative

Alabama continues to be a leading state in deploying funds to local lenders and small businesses through the U.S. Department of the Treasury’s State Small Business Credit Initiative (SSBCI). The Alabama Department of Economic and Community Affairs has deployed $34 million – the 7th largest amount nationwide

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