How Much Does a Business Loan Consultant Make in Alabama?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Business Loan Consultant in Alabama is $52,584. While Salary.com is seeing that Business Loan Consultant salary in AL can go up to $66,810 or down to $38,738, but most earn between $45,336 and $60,030. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Loan Consultant
Loan Consultant
$48,172
Alabama
Per Year
Business Loan Underwriter
$58,758
Alabama
Per Year
Business Loan Officer
$86,751
Alabama
Per Year
Business Loan Broker
$54,430
Alabama
Per Year
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Similar Job Salaries to Business Loan Consultant by Company

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Top 10 Highest Paying Cities For Business Loan Consultant Jobs in Alabama

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Loan Consultant can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Loan Consultant job salaries in Alabama. Some cities can pay higher salaries for Business Loan Consultant jobs, which can indicate that there is a large demand for Business Loan Consultant positions in this city.
The following table shows top 10 cities where the Business Loan Consultant salary is higher than other cities in Alabama. Huntsville takes first place in this list, followed by Madison, Gadsden. The Business Loan Consultant salary is $54,872 in Huntsville, which is lower than the national average. There is 0 city's Business Loan Consultant salary higher than national average in Alabama.
The average salary for a Business Loan Consultant in Alabama is $52,584, but we found that the city with the highest salary for Business Loan Consultant jobs is Huntsville, AL, and it is higher than Madison. Business Loan Consultant jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Huntsville $54,872 $4,573 $1,055 $26
Madison $54,872 $4,573 $1,055 $26
Gadsden $53,671 $4,473 $1,032 $26
Tuscaloosa $53,614 $4,468 $1,031 $26
Birmingham $53,442 $4,454 $1,028 $26
Tanner $53,213 $4,434 $1,023 $26
Decatur $53,041 $4,420 $1,020 $26
Mobile $52,698 $4,392 $1,013 $25
Montgomery $50,810 $4,234 $977 $24
Prattville $50,810 $4,234 $977 $24

What Does a Business Loan Consultant Do?

But before you can effectively seek out guidance from a professional consultant or firm, try to pinpoint the areas of your SBA loan application where you need the most assistance.
Updated December 10, 2021
For the best chances of approval for an SBA loan, you’ll need to come to the table with evidence of strong business and personal financials, a healthy credit score, and proof that you’ll use your SBA loan to positively grow your business.
Updated November 27, 2021
You should look specifically at the type of business loan you’re applying for to make sure you have everything (your lender or specialist will help you, too).
Updated October 27, 2021
Local business directories or your Chamber of Commerce might also have information about consultants in the area.
Updated October 02, 2021
Although this mainly applies to mortgage loan officers, some states require you to pass a test and obtain learning credits to do business as a financial consultant.
Updated December 22, 2021

Frequently Asked Questions About a Business Loan Consultant Salaries

What is the average of a Business Loan Consultant in Alabama?

The Business Loan Consultant salary range is from $45,336 to $60,030, and the average Business Loan Consultant salary is $52,584/year in Alabama. The Business Loan Consultant's salary will change in different locations.

Which location pays the highest Business Loan Consultant salary in the United States?

The Business Loan Consultant salary in San Jose, CA is $71,809 which is the highest in the US.

What kinds of reasons will influence the Business Loan Consultant's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Loan Consultant.

What is the growth rate of the Business Loan Consultant's salary?

If you are thinking of becoming a Business Loan Consultant or planning the next step in your career, find the detailed salary report of a Business Loan Consultant.