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Small Business

Ranking the Top Small Business Lenders in Alabama

Are you wondering which lenders are providing the most government-backed loans to small business owners in Alabama?

As I recently reported, loans through the Small Business Administration in the state totaled $109.2 million through April. Participating lenders have extended 160 7(a) loans, which is often used to establish a new business or to assist in business acquisitions, worth $79.4 million through April 30. Lenders have also made 61 504 loans, which finance fixed assets like equipment or real estate, worth $29.8 million.

The top 10 7(a) lenders to Alabama companies as of April 30 were as follows:

Read the entire story at BirminghamBusinessJournal.com

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