AMFund was created to assist Alabama’s cities and towns to obtain affordable financing for almost any size municipal project. If you are considering AMFund as financing for your project, look over our Frequently Asked Questions below. If your question is not answered below, feel free to email us with questions regarding your particular situation.
Who is eligible to apply for a loan through AMFund? Any authorized representative of a municipality in Alabama.
How much or how little can be borrowed? We have facilitated loans for police vehicles to major brick and mortar projects.
What are the loan rates? Loan rates will vary depending on the situation, the loan amount and the credit standing of the applicant. Rates are generally within a few points of the market.
Does AMFund loan the money? No. AMFund reaches out to financial institutions around the Southeast to find the best rate for each loan.
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