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Business Loans in Alabama

Connect with local lenders in Alabama who understand your market and business needs. From Birmingham, Montgomery, Mobile, Huntsville and beyond.

💰 $125,000 Average
Professional business handshake representing successful loan partnerships

Apply for Alabama Business Loan

Get pre-qualified in minutes. Our local specialists will review your application and connect you with the best funding options.

The Alabama Economy

Real-time economic insights powered by Federal Reserve data, showing Alabama's business climate and growth trajectory for informed lending decisions

Real GDP

$252.7B

+3.0% YoY

Strong economic expansion creates more business opportunities and favorable lending conditions

Unemployment Rate

3.2%

+3.2% YoY

Low unemployment indicates strong job market and consumer spending power

Population

5.16M

+0.8% YoY

Growing population expands your potential customer base and market opportunities

Per Capita Income

$56.7K

+4.8% YoY

Rising incomes indicate stronger purchasing power and loan qualification potential

GDP Growth Trajectory

Economic Output
$191.5B$214.3B$237.1B$260.6B$199.5B2010$201.4B2011$203.7B2012$207.0B2013$206.1B2014$209.0B2015$212.9B2016$216.6B2017$220.8B2018$225.3B2019$222.3B2020$233.7B2021$238.6B2022$245.4B2023$252.7B2024201020132016201920222024
Latest Value
$252.7B
+3.0%

Unemployment Rate Trend

Labor Market
1.9%3.6%5.3%7.0%4.3%20173.9%20183.2%20196.4%20203.4%20212.5%20222.5%20233.1%20243.2%20252017202020232025
Latest Value
3.2%
+3.2%

Population Growth

Market Size
4.73M4.89M5.05M5.21M4.79M People20104.80M People20114.82M People20124.83M People20134.84M People20144.85M People20154.87M People20164.88M People20174.89M People20184.91M People20195.03M People20205.05M People20215.08M People20225.12M People20235.16M People2024201020132016201920222024
Latest Value
5.16M
+0.8%

Per Capita Income Growth

Purchasing Power
$30.4K$40.2K$50.0K$60.1K$33,8482010$34,8842011$35,5592012$35,7062013$36,7222014$38,1892015$38,7042016$39,9682017$41,3242018$42,9982019$45,8432020$50,4952021$51,6602022$54,1122023$56,6842024201020132016201920222024
Latest Value
$56.7K
+4.8%
Hover for details • Data from Federal Reserve (FRED)

Industries We Serve in Alabama

From restaurants to construction companies, we connect businesses across all industries with specialized lenders

IndustryTypical Loan AmountCommon Loan TypesLearn More
🍽️
Restaurants
Restaurant and food service businesses n...
$50,000 - $500,000
Equipment Financing
Working Capital
Details
🍺
Bars & Nightlife
Bars and nightlife establishments requir...
$75,000 - $400,000
Equipment Financing
Working Capital
Details
🏨
Hotels & Lodging
Hotels and lodging businesses need subst...
$200,000 - $5,000,000
Commercial Real Estate
SBA Loans
Details
🏥
Medical Practices
Medical practices and healthcare provide...
$100,000 - $1,000,000
Equipment Financing
SBA Loans
Details
🏗️
Construction
Construction and contracting businesses ...
$50,000 - $2,000,000
Equipment Financing
Working Capital
Details
📊
Accountants & Auditors
Accounting firms and auditors need finan...
$25,000 - $300,000
Working Capital
SBA Loans
Details
🚗
Auto Repairs & Sales
Automotive businesses need financing for...
$50,000 - $750,000
Equipment Financing
Inventory Financing
Details
✈️
Aviation & Flight Schools
Aviation businesses and flight schools r...
$100,000 - $3,000,000
Equipment Financing
SBA Loans
Details
💄
Beauty Salons & Spas
Beauty salons and spas need financing fo...
$30,000 - $200,000
Equipment Financing
Working Capital
Details
👶
Child Care & Day Care
Child care centers and day care faciliti...
$75,000 - $500,000
SBA Loans
Equipment Financing
Details
🛍️
Retail Stores
Retail businesses need financing for inv...
$25,000 - $500,000
Inventory Financing
Working Capital
Details
🦷
Dentists & Dental Surgeons
Dental practices need financing for spec...
$150,000 - $800,000
Equipment Financing
SBA Loans
Details
💻
E-Commerce & Internet Sales
E-commerce businesses need financing for...
$20,000 - $300,000
Working Capital
Inventory Financing
Details
💪
Gyms & Fitness Centers
Fitness centers and gyms require financi...
$100,000 - $750,000
Equipment Financing
SBA Loans
Details
🏥
Healthcare & Senior Centers
Healthcare facilities and senior centers...
$200,000 - $2,000,000
SBA Loans
Equipment Financing
Details
🌿
Landscaping Services
Landscaping businesses need financing fo...
$25,000 - $200,000
Equipment Financing
Working Capital
Details
🧺
Laundromats & Dry Cleaners
Laundromats and dry cleaning businesses ...
$75,000 - $400,000
Equipment Financing
SBA Loans
Details
🚐
Transportation & Rental Cars
Transportation businesses need financing...
$50,000 - $1,000,000
Equipment Financing
Working Capital
Details
💊
Pharmacies & Dispensaries
Pharmacies and dispensaries need financi...
$100,000 - $600,000
Inventory Financing
Equipment Financing
Details
🎓
Private Schools & Education
Private schools and educational institut...
$100,000 - $2,000,000
SBA Loans
Equipment Financing
Details
🏠
Real Estate Agencies
Real estate agencies need financing for ...
$25,000 - $300,000
Working Capital
Equipment Financing
Details
🐕
Veterinarians & Animal Hospitals
Veterinary practices and animal hospital...
$150,000 - $800,000
Equipment Financing
SBA Loans
Details
📦
Wholesale & Distribution
Wholesale and distribution businesses ne...
$100,000 - $2,000,000
Inventory Financing
Working Capital
Details
🛡️
Insurance Agencies
Insurance agencies need financing for of...
$30,000 - $250,000
Working Capital
Equipment Financing
Details