Small business loans are not always a simple process to navigate. Whether you need to finance growth, cover timing gaps in revenue collection, or simplify your vendor payments, Peoples Bank of Alabama has customized loan options to help you run your small business effectively.

We offer flexible interest rates, easy repayment terms, and maximum credit availability. You know your Alabama small business—and we know business credit. We'll work with you to find the best credit solution for your specific business situation.


Commercial Loans for Qualified Businesses

With over 44 years of experience, we at Peoples Bank understand that every small business in Alabama is unique. We also understand the distinct challenges that face small businesses today, and how vital your success is in our state's economic development.


When Haynes Farm went through one of the most difficult times they’d ever experienced for their business, Peoples Bank was there to support them.

Information We Request for Business Loans

The following information will help our banking team to better understand your small business and where we fit into the equation. While this information is vital to our getting to know your business, the most important thing to Peoples Bank of Alabama is to build a lasting relationship with you and your business. All things considered when it comes to small business, we believe that genuine relationships aid in sustaining economic vitality in our communities.

Please have the following documents ready for review to start the process:

  • Three to five years of business financial statements and/or tax returns

  • Personal financial statements on all key business owners

  • Current operating statements for your business (year to date P&L and balance sheet)

  • Financial projections or business plan; these will assist the business banking team

Regardless of the purpose of your loan, be it property purchases, equipment leasing, expansion, to increase working capital, or a host of other possibilities, we’re here to help you meet your business goals.

Small Business Credit Cards

A business credit card from Peoples Bank of Alabama allows you to take control of your finances by giving you extra spending power when your small business needs it. Many small business owners need assistance from time to time, this is a common occurrence and not something to feel uncertain or insecure about.

Whether you need a lower interest rate or you prefer 1% cash back rewards, you get to choose which option is best for your business. Plus, with 0% APR on purchases and balance transfers for the first 7 months, you can go ahead and make that large purchase your business needs or pay off other higher interest rate cards.


Construction Loans and Line of Credit

A construction line or loan allows your business to borrow a predetermined amount of money for purchasing land and to construct buildings for your business to use. The buildings constructed with a construction line or loan can be utilized as office space and for storage or warehouse space for the business.

During the construction process, you make interest only payments on the amount borrowed up to that point. At the end of construction you can convert your remaining balance into a term loan to be paid out over a period of years based on your company’s ability to pay.

In addition to financing owner occupied properties, Peoples Bank of Alabama also provides financing for investment or tenant occupied properties.

Term Loans for Small Businesses

Term loans are used for major financial investments like financing major equipment, or plant or building expansion projects. It can also be used for fixed assets, such as real estate or office buildings. And since these loans are tied to larger, major financial investments, the repayment period is typically applied over a longer term based on the reason for the loan and the repayment ability of your company.

Interested in a business loan? We’ll find one that works for you.

Business Lines of Credit

A business line of credit is a convenient tool for meeting short term financing needs. Does your business need a loan to consolidate debt or purchase a new office? We can assist with lines of credit that your business can use for purchasing raw materials, inventory or to meet seasonal cash flow needs.

These lines are typically secured by the working assets of your business: accounts receivable and inventory.

We exist to meet the needs of our local communities. One way we do this is by having a dedicated team focused on helping businesses maximize their return on capital. Our GCap Financing team works closely with the Small Business Administration, United States Department of Agriculture and other federal, state and local agencies to provide you a bridge from where you are today to where you want to be in the future. We work with you to find the financing solutions that will best help you achieve your goals.


ProBilling & Funding Service



Sometimes your business is growing so fast you are having difficulty keeping up. You may be faced with cash flow shortages, lack of man power, limited time or no space for new staff. Our ProBilling team can help you eliminate your limitations. We can’t make your company successful, but we believe if you have the time and resources to focus on what you’re good at, you can. That’s where we can help. We are a complete accounts receivable service helping businesses just like yours go to the next level.