Back to Grants
AL
Innovate Alabama LendAL — SSBCI Credit Enhancement
State Small Business Credit Initiative program that provides credit enhancements reducing lender risk, making it easier for Alabama small businesses including women-owned firms to secure loans.
About this program
Visit the program website for full details.
Eligibility
Small businesses operating in Alabama or whose loan proceeds will be spent in Alabama. Treasury SEDI criteria cover most of Alabama but do not restrict eligibility.
Requirements
- Business must be headquartered in Alabama or loan proceeds must be spent in Alabama
- Must work through an approved LendAL lender