Southern Development Council, Inc.

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If you are a small business owner in need of financing for your fixed assets, Southern Development Council, Inc. (SDC) may be the perfect partner for you. As an Alabama-based Certified Development Company (CDC) specializing in the SBA 504 Loan Program since 1983, SDC has the expertise and experience to help you secure the funding you need.SDC works closely with lending institutions to provide financing through the SBA 504 Loan Program, which offers fixed-asset financing for U.S. based, for-profit small businesses. Their typical loan structure involves a 50/40/10 split, where the lending institution finances 50% of the total project costs, SDC lends 40% through the SBA, and the borrower provides a 10% equity injection. This flexible structure can be tailored to your specific project and business needs.With a focus on promoting economic growth in Alabama, Mississippi, and the Florida Panhandle, SDC has a proven track record of helping small businesses like Zack Henderson Insurance Agency, Inc. achieve their goals. Clients praise SDC's quick and painless process, as well as their dedication to making the building purchase process easy. If you're looking for a reliable partner to help finance your small business's fixed assets, consider working with the experts at Southern Development Council, Inc.