Birmingham, AL (PRWEB) September 24, 2013
Alacom Finance will return to "open source" financing of economic development projects on October 1, 2013, ending thirty-four years as a licensed associate of the U. S. Small Business Administration. Alacom Finance has enjoyed a long and fruitful relationship with the SBA.
Alacom will continue to use SBA programs where they are the best fit for a project, but we will no longer be restricted to a designated geographical region, size, or type of project. We will continue to service our current SBA lending partners with structuring, and packaging as well as begin training them in new programs to further mitigate and minimize their risk.
Alacom will be free to structure a project using all the tools in the box to create a comprehensive plan that strengthens the business and community on both a long and short term basis.
Alacom Finance is known nationally for using a creative, comprehensive approach to accomplish a wide variety of economic development goals, including increasing employment opportunities and tax base enhancement.