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Small Business

ARC Grant to Establish New Loan Fund for Small Business

MONTGOMERY— Gov. Robert Bentley has announced a $400,000 grant to establish a loan fund focusing on small businesses in Appalachian Alabama. The grants from the Appalachian Regional Commission will be used in a joint effort by Pathway Lending of Nashville and the Alabama Small Business Development Center […]

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Jay Leno rides AL-made motorcycle

Jay Leno takes Alabama-made motorcycles for a ride and review Alabama-made Motus Motorcycles will be receiving some national attention Monday when former Tonight Show host and gearhead Jay Leno gives the company and its premium bikes some attention on Jay Leno’s Garage on YouTube. Leno will take […]

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Alabama Celebrates National Small Business Week

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Small Businesses on the Rise, Reversing 6yr Downward Trend

Reversing a six-year downward trend, activity in established small businesses increased last year, according to the 2015 Kauffman Index: Main Street Entrepreneurship, a new report that tracks small business activity and ownership in the United States. Though the number of established small businesses is increasing, the gain […]

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SBDC at Alabama State Helps Veterans March into Executive Roles

Every day is different for IT executive Keith Ellis. And he’s prepared for that. “One day it’ll be peaches and cream, and the next day it’ll be thunderstorms,” Ellis said. “We don’t live in a perfect world. Whatever comes your way, you have to strategize to get […]

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FED Surveys Small Businesses

federal-reserve-bank-of-atlanta

The Birmingham Branch of the Atlanta Fed, in partnership with several other Federal Reserve Banks, is conducting a short survey of small business owners/managers. This survey is a platform through which small businesses can be heard. It is designed to pick up on potential finance issues affecting […]

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Carolyn Turner Named State Star

Carolyn Turner, an International Trade Specialist with the Alabama International Trade Center at the University of Alabama, has been selected as the 2015 Alabama State Star for the Alabama SBDC Network. State Stars are exemplary performers who have made a significant contribution to the SBDC program and have […]

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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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