Affordable Loans – 1113 S Foster St # 1
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Affordable Loans at 1113 S Foster St #1, Dothan, AL 36301 is a local finance organization that provides short-term consumer financing options. The entity operates within the Alabama market, offering no-frills lending services designed to address immediate cash needs. Its location places it in the Dothan business community, where it interacts with residents seeking direct, neighborhood-based lending options.
Historically, local cash-advance and installment lenders have filled gaps in consumer credit access when traditional banks are less accessible. This organization appears to function as a community-based lender, focusing on straightforward loan products. Primary activities likely include evaluating borrower eligibility, disbursing funds, and handling basic repayment arrangements within the scope of state and local regulations.
Operational scope for such entities typically encompasses in-person customer service, on-site loan origination, and referral of customers to related financial services when appropriate. The business model centers on quick turnaround and local presence to serve residents of Dothan and surrounding areas.
Sources & References
Microloan Program - Dothan Area Chamber of Commerce
https://dothan.com/economic-development/microloan-program/
Our Microloan Program is a locally controlled source of capital used to finance startup, expanding businesses, and entrepreneurial projects
Finance YMYL (Your Money Your Life) Case Study
https://thesearchinitiative.com/case-studies/finance-ymyl
Find out how we more than doubled the monthly organic search traffic for our finance client’s website
Personal Loans In Dothan, AL
https://www.serviceloansouth.com/locations/dothan/
Map Location
Services this business provides
Loan agency
Contact Information
Address
1113 S Foster St # 1, Dothan, AL 36301
Phone
(334) 79-27-183Website
expressloansofamerica.comFrequently Asked Questions about Affordable Loans
I could not locate a verifiable, dedicated organizational history for Affordable Loans at 1113 S Foster St #1, Dothan, AL 36301 in public records. The available local references mainly describe general loan services and nearby microloan programs rather than a formal, traceable corporate history for this specific address. For authoritative details, contact the business directly or check Alabama Secretary of State business filings and local business registries.
Affordable Loans at 1113 S Foster St #1, Dothan, AL 36301 specialize in small, short-term personal installment loans and payday-style products to bridge gaps in immediate funds. Services typically include in-person loan applications, income verification, fixed-rate loan terms, and fast funding once approved. For precise offerings, eligibility, and current rates, visit or contact the location directly.
Affordable loans in Dothan are governed by Alabama state and local authorities that regulate lending practices and consumer protections. The Alabama Office of Financial Regulation oversees state-chartered lenders and implements applicable laws, while the Alabama Small Loan Act and related regulations set licensing, disclosure, and interest-rate rules for non-bank lenders operating in the state. Local programs, such as Dothan’s microloan efforts, are typically administered through regional planning groups and chambers in coordination with city and county officials. For precise licensing status and regulatory requirements, contact the Alabama Office of Financial Regulation and the Southeast Alabama Regional Planning and Development Commission.
Affordable Loans at 1113 S Foster St #1, Dothan, primarily offers small personal and consumer loans, not a dedicated small-business microloan program, so “microloans” here generally follow standard personal loan eligibility steps. Applicants are usually evaluated on identity, income, residence, and credit history to determine ability to repay.
To start the eligibility process at the Dothan office, bring a government-issued photo ID, proof of income (such as pay stubs or benefits), and proof of local address, and be prepared for a credit review and underwriting decision. For business-focused microloans in Dothan and Houston County, contact the Dothan-Houston County Microloan Program through the Dothan Area Chamber of Commerce or the Southeast Alabama Regional Planning and Development Commission for full guidelines and applications.
To start the eligibility process at the Dothan office, bring a government-issued photo ID, proof of income (such as pay stubs or benefits), and proof of local address, and be prepared for a credit review and underwriting decision. For business-focused microloans in Dothan and Houston County, contact the Dothan-Houston County Microloan Program through the Dothan Area Chamber of Commerce or the Southeast Alabama Regional Planning and Development Commission for full guidelines and applications.
Startup-friendly loan options in Dothan, AL commonly include:
- Microloans for startups and small projects (Dothan-Houston County Microloan Program; typically $4,000–$10,000, up to 90% of project cost).
- SBA-backed loans and related StartCap offerings (SBA 7(a) loans; equipment and working capital financing).
- Small business term loans and lines of credit from local banks (River Bank & Trust, Tower/Lenders; working capital, inventory, expansion).
- Equipment financing for purchasing tools and machinery (StartCap equipment loans).
For startups, combine microloans with SBA or bank credit to maximize funding and minimize risk. More information: Dothan Area Chamber of Commerce microloan program page and StartCap SBA loans.
- Microloans for startups and small projects (Dothan-Houston County Microloan Program; typically $4,000–$10,000, up to 90% of project cost).
- SBA-backed loans and related StartCap offerings (SBA 7(a) loans; equipment and working capital financing).
- Small business term loans and lines of credit from local banks (River Bank & Trust, Tower/Lenders; working capital, inventory, expansion).
- Equipment financing for purchasing tools and machinery (StartCap equipment loans).
For startups, combine microloans with SBA or bank credit to maximize funding and minimize risk. More information: Dothan Area Chamber of Commerce microloan program page and StartCap SBA loans.