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A natural choice for industry.
 
DOING BUSINESS
IN THE SHOALS


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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 Alabama Development Office, Alabama Department of Economic and Community Affairs (ADECA), or the Shoals Economic Development Authority.