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AL

Innovate Alabama WHW Loan Guaranty Program

SSBCI-backed loan guarantees for Alabama small business term loans and lines of credit.

About this program

The William Howard Wills Loan Guaranty Program helps Alabama small businesses obtain term loans or lines of credit by providing participating lenders with a partial loan guarantee.

Eligibility

Eligible Alabama small businesses applying through participating lenders.

Requirements

  • Apply through a participating lender
  • Meet SSBCI and lender underwriting requirements
  • Use funds for eligible business purposes