Birmingham Business Development Loan
The City of Birmingham proudly funds the Birmingham Business Development Loan Program to support local economic growth and revitalization. This program offers bank-guaranteed loans ranging from $100,000 to $1,000,000 at current market rates for up to 24 months.
- Loans must be backed by a Direct Pay, Irrevocable Letter of Credit
- All associated expenses, including a 1% origination fee, are the responsibility of the borrower.