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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in Alabama

Over the last five years 977 SBA loans in Alabama went to businesses under two years old, 38% of every approval in the state (6 points above the national rate). 544 of them were loans that opened the business in the first place.

Loans to new businesses
977
last 5 years
Lenders that said yes
138
active in Alabama
Median approval
$296K
$100K – $753K typical
Typical term
14 yr
92% were 7(a)

The 15 most active startup lenders in Alabama

Every lender here has approved loans for businesses under two years old in Alabama. The percentage is how much of their Alabama lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Sioux Falls, SD
New-business loans
99
Share of their AL lending
95%
Typical loan
$116K
Last approval
Dec 2025
2
Columbus, OH
New-business loans
89
Share of their AL lending
55%
Typical loan
$486K
Last approval
Mar 2026
3
De Graff, OH
New-business loans
47
Share of their AL lending
70%
Typical loan
$405K
Last approval
Mar 2026
4
Birmingham, AL
New-business loans
40
Share of their AL lending
53%
Typical loan
$157K
Last approval
Mar 2026
5
Wilmington, NC
New-business loans
37
Share of their AL lending
33%
Typical loan
$1.4M
Last approval
Mar 2026
6
Columbus, MS
New-business loans
30
Share of their AL lending
44%
Typical loan
$275K
Last approval
Jan 2025
7
Lewiston, ME
New-business loans
30
Share of their AL lending
21%
Typical loan
$149K
Last approval
Mar 2026
8
Miami, FL
New-business loans
29
Share of their AL lending
17%
Typical loan
$384K
Last approval
Mar 2026
9
Tampa, FL
New-business loans
24
Share of their AL lending
27%
Typical loan
$1.1M
Last approval
Mar 2026
10
Nashville, TN
New-business loans
23
Share of their AL lending
46%
Typical loan
$1.4M
Last approval
Mar 2026
11
Wilmington, DE
New-business loans
22
Share of their AL lending
34%
Typical loan
$148K
Last approval
Feb 2026
12
Birmingham, AL
New-business loans
21
Share of their AL lending
66%
Typical loan
$907K
Last approval
Mar 2026
13
Osage Beach, MO
New-business loans
20
Share of their AL lending
77%
Typical loan
$613K
Last approval
Mar 2026
14
Mountain Brook, AL
New-business loans
18
Share of their AL lending
17%
Typical loan
$963K
Last approval
Mar 2026
15
Gulfport, MS
New-business loans
17
Share of their AL lending
61%
Typical loan
$534K
Last approval
Mar 2026
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.