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DOING BUSINESS
IN THE SHOALS
Economic Data
Labor Force
Demographics
Transportation
Utilities
Business Climate
Existing Industry
Business Resources
Area Government
Taxes
Financing
Incentives
Workforce Development
Maps
Local
Regional
Industrial Sites
Info Center
Quick Facts
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Shoals Economic Development Authority
Phone:
(256) 764-0351
1-800-239-6087
FAX: (256) 764-3850
20 Hightower Place
Suite 1
P.O. Box 580
Florence, Alabama 35630
E-mail: info@seda-shoals.com
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FINANCING
Industrial Revenue Bonds
Industrial revenue bonds are available through the local industrial development board with rates
established on a project-by-project basis depending on the strength of the company.
Low Interest Loans
The Northwest Alabama Council of Local Governments and the Tennessee Valley Authority offer
reduced interest, fixed asset loans for projects in the Shoals. Rates are generally several
points below prime.
Road infrastructure improvement grants can be made, when appropriate, along with utility and general infrastructure
assistance. Details on these and other state programs can be obtained from the ,
, or
the Shoals Economic Development Authority.
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