About Alacom Finance

About Alacom Finance                                              

Alacom Finance is a private, not -for-profit corporation working in the public interest to provide financing, management consultation, and related services to For-Profit Businesses across the South East. Founded as Alabama Community Development Corporation in 1981, Alacom Finance is an economic development lender, certified by the federal government to provide Title V Loans.

Alacom Finance is entirely self-supporting and does not accept operating funds from any city, county, or state agency. Our funding comes from statutory fees associated with the loan programs we administer, consultation fees with individuals and local governments, and management contracts associated with various municipal economic development projects.

A twenty-six member governing body chosen from four categories oversees our operation:

• business leaders
• private sector lenders
• community organizations
• business organizations
• government

Alacom Finance is one of the Southeast's lending providers of economic development money through the SBA 504 Loan Program  with approvals exceeding $1 billion.

In addition to providing and servicing the SBA 504 Loan, we also offer expertise in many other programs, and are known nationally for structuring innovative loan packages for businesses. Some of the financial tools we offer include:

• Packaging of the 7(a) Loan
• Secondary Market Assistance & Sales
• Export/Import Loans   
• USDA Business & Industry Loans
• Special Purpose Financing
•  Non Recourse Loan Assistance
•  Economic Development Assistance
• Business Management Consulting
• Commercial Development
• Multi-Tenant Residential
• Purchase of Business Notes, Owner Held Notes, life insurance equity and one time settlements

Referrals to: Bankers, Non-Banker Lenders, CPA's, Attorneys, Factors, Equipment Leasing, Purchase Order/ Contract Sales Financing, And State, County, Local Economic Development Programs, etc..........

***Special Financing Options through Broker Alliances for Larger Projects

Diane Roehrig, President

	Our President, Diane Roehrig,  is a national leader in economic development lending. For many years, she served as an officer of the National Association of Development Companies, and on other national and local boards. She influenced much of the federal legislation affecting small business lending enacted since 1984.
Cathy Roehrig, Deputy Director
Verna DeArman, Servicing Director
Marianna Cooper, Loan Officer and Underwritter