Alabama Small Business Capital (ASBC) is a non-profit organization established in 1989. It is certified by the U.S. Small Business Administration (SBA) to administer the SBA 504 Loan Program. ASBC's mission is to foster economic development and create or retain jobs by providing long-term, fixed-rate financing for major fixed assets, such as real estate and equipment, to small businesses throughout the state of Alabama. They partner with local banks and credit unions to structure financing that is accessible and affordable for growing businesses.

Founded in

United States