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Southern Development Council, Inc.

The Southern Development Council, Inc. (SDC) is a U.S. Small Business Administration Certified Development Company (CDC) founded in Alabama in 1983 as a non-profit. Since that time, SDC has funded over 1100 small business loans and helped their borrowers create over 21,000 jobs. For over five years SDC has been ranked as the SBA's leading provider of fixed asset loans for Alabama businesses. SDC is the only organization of its kind endorsed by Alabama Banking Services, a division of the Alabama Bankers Association. Projects have been approved for manufacturers, breweries, retail, government contractors, service businesses, rail yards, quarries, medical offices, veterinary clinics and a variety of business types. Costs financed include building acquisitions, renovations, new construction, equipment, furniture and fixtures and a number of combinations. Leasehold improvements and equipment are also eligible.