Southern Development Council, Inc. is an Alabama-based Certified Development Company that has been providing financial solutions for small businesses since 1983. Specializing in the SBA 504 Loan Program, they offer fixed-asset financing for U.S. based, for-profit small businesses, partnering with lending institutions to provide financing nationwide.
As a designated CDC by the Small Business Administration, Southern Development Council promotes economic growth within their area of operations, serving the state of Alabama, select counties in Mississippi, and the Florida Panhandle. With a typical loan structure of 50-40-10, they facilitate loans where the lending institution finances 50% of the project costs, SDC lends 40% through the SBA, and the remaining 10% is an equity injection from the borrower.
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