capital-funding-loans

SC Capital Access Program (SC CAP)

Statewide

Provides financial institutions operating in South Carolina a flexible and non-bureaucratic tool to make business loans that are considered more risky than conventional loans.

Revolving Loan Fund (RLF)

AikenAllendaleBambergBarnwellBeaufortCalhounChesterChesterfieldClarendonColletonDarlingtonDillonFairfieldFlorenceGeorgetownHamptonHorryJasperKershawLancasterLeeMarionMarlboroOrangeburgRichlandSumterUnionWilliamsburgYork

Provides business capital in the form of direct loans to new and expanding businesses.

CommunityWorks

Statewide

A non-profit financial organization committed to building a brighter future for underserved families and communities through financial education, lending, and investing.

CLIMB Fund (formerly Charleston LDC)

Statewide

CLIMB Fund is a not-for-profit Community Development lender whose mission is to ensure access to capital for small businesses and affordable housing developments that cannot secure traditional financing.

Based in Charleston and serving the entire state of South Carolina, CLIMB Fund has more than 40 years of history lending to entrepreneurs who have been turned away by for-profit banks.

Catawba Regional Council of Governments - Small Business Loans

ChesterLancasterUnionYork

The COG serves as a forum for intergovernmental cooperation and as a central staffing resource for grantsmanship, land use and transportation planning, community and economic development, workforce investment, GIS mapping, information systems, and project management.

Capital Business Funding

Statewide

Capital Business Funding is a top-rated, highly recognized direct lender, offering working capital and multiple financing options to small and mid-size businesses in various industries. 

Business Development Corporation Second Look Program

Statewide

Allows a small to medium-sized business that has been declined financing for their business to receive a "second look" at a financing request made to a bank for a business loan.

Rural Modernization Loan Participation Program

AllendaleBambergBarnwellChesterClarendonDillonFairfieldFlorenceHamptonJasperLeeMarionMarlboroOrangeburgUnionWilliamsburg

Enables small manufacturing businesses in South Carolina obtain term financing to help replace outdated equipment or add additional equipment, ultimately creating and retaining jobs in South Carolina.

SC Energy Efficiency Revolving Loan Program

Statewide

The Energy Efficiency Revolving Loan (EERL) program was established through the US Department of Energy and the South Carolina Office of Regulatory Staff (ORS) Energy Office and is administered by the Business Development Corporation (BDC).

EERL is designed to encourage borrowers to invest in energy efficient upgrades that reduce electric consumption. Maximum loan terms up to 10 years.

SSBCI Loan Participation Program

Statewide

Enables small businesses to obtain short and long-term financing to help businesses grow and expand. The program provides small business loans at competitive terms while reducing lender risk and allowing borrowers to receive attractive financing terms and lower down payments.