SBA Loan Broker in Alabama
sbaloansHQ is based in Birmingham. We help Alabama business buyers and owners get SBA financing: we choose the right lender for the deal from every SBA lender, build the file the way that lender reads it, and run it to close. Free to borrowers.
See if your deal qualifies →- SBA deals closed
- 1,000+
- Average loan amount
- $1.2MM+
- Success rate on deals we take
- 98%
- Cost to borrowers
- $0
What we do on an Alabama deal
Most of our work is business acquisitions: a buyer taking over an established company or a franchise resale, often with the building. We look at the deal the way a lender will, tell you early whether it fits, and match it to the lender whose current appetite fits your industry, size and structure. Then we build the package and keep it moving through underwriting, the third-party reports and closing.
Being in Birmingham helps on Alabama deals: we know the local banks and credit unions that lend SBA here. But we do not limit the search to Alabama lenders. The lender that wants your deal most may be in another state, and SBA lenders lend across state lines.
Your home as collateral in Alabama
Alabama's homestead exemption is a flat dollar figure and among the smaller ones in the country, rather than a share of the value or a figure that tracks local prices. Worth understanding what that figure does and does not do: it governs what a creditor can reach if it comes to a forced sale or a bankruptcy, and it does not prevent you granting a lender a mortgage over your home, which is generally enforceable whatever the exemption is worth. Alabama is not a community property state.
The SBA's Alabama office
One office covers the whole state: the SBA Alabama District Office. The same team is behind a Birmingham deal and a Mobile one. What they are useful for is counselling referrals, lender lists and questions about the programs themselves. A live application does not go through them, it stays with your lender.
Questions Alabama borrowers ask
Do I need an Alabama lender for an Alabama SBA loan?
No. SBA lenders lend across state lines, and the lender with the strongest appetite for your industry and deal size is often based elsewhere. A local bank can be the right answer too. What matters is fit, not the lender's address.
What does an SBA loan broker cost in Alabama?
Nothing to borrowers. We are free to the business buyer or owner we work with.
Do you only work with Alabama businesses?
No. We are based in Birmingham and place SBA loans nationwide. Alabama deals get the advantage of us being local.
What kinds of Alabama deals do you work?
Mostly business acquisitions, including franchise resales and partner buyouts, plus owner-occupied commercial real estate, working capital and refinances, across SBA 7(a) and 504.