The Southern Development Council Inc

In addition to the sba loan programs, the organization promotes small business growth and development by making loans directly to small businesses. Under certain circumstances, these direct loans are made in conjunction with sba loans and are considered "gap" financing. Other direct loansare made where loan amounts needed by the small businesses are smaller or shorter term of wehre the use of the proceeds is mixed (i.e. Fixed asset acquisition or working capital) and may not be a candidate for the sba 504 program.

One of the organization's programs is related to the loan servicing process. The organization receives monthly servicing fees on all loans funded by the sba.