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Buying a Business in Alabama

What SBA acquisition lending actually looks like in Alabama, from loan-level government data.

FY2025 Acquisition Loans

74

$89.9M approved

Median Loan

$816,000

FY2020 through FY2025

Loans Since FY2020

383

$478.0M in total approvals

Share of U.S. Activity

1.1%

Of change-of-ownership loans

Most Active Acquisition Lenders in Alabama

  1. 1. Live Oak Banking Company54 loans
  2. 2. United Midwest Savings Bank, National Association17 loans
  3. 3. ServisFirst Bank15 loans
  4. 4. Synovus Bank15 loans
  5. 5. BankFirst Financial Services14 loans

A lender being active in Alabama does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.

What Gets Bought in Alabama

  • Hotels (except Casino Hotels) and Motels30 loans
  • Broilers and Other Meat Type22 loans
  • Insurance Agencies and Brokerages20 loans
  • Limited-Service Restaurants19 loans
  • Full-Service Restaurants16 loans

Industry-specific pricing and diligence live in the Industry Buy Guides.

Method & Source

Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Alabama project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.