Contact:
Joan Rose
601 Market Center
Chattanooga TN 37401
Phone: 423-752-1627
Fax: 423-752-1557
Email: rosej@amsouth.com

Who they serve: Established and potential business owners

What they do: Provides retail and commercial lending, SBA loans, credit cards, and lines of credit. AmSouth defines small business as a company with less than $5 million in annual sales.

Minimum Loan: $5,000; 90% Equipment financing

Requirements for Program:

• Business Plan
• Financial History
• Financial Projections
• Individual’s Work Experience
• Bank’s credit guidelines

Length of program: Term of loan

Loan volume: 11.5 million per year

Fee for program: Normal bank fees