Economic Injury Disaster Loans (EIDLs) – Working capital loans to help small businesses, small agricultural cooperatives, and small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period. 

Under the recent, regional drought declaration, the SBA’s Economic Injury Disaster Loans (EIDLs) are available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart from aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers or ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions. 

Applicants may apply online, receive additional disaster assistance information and download applications at 
https://disasterloanassistance.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance. 

In August 2016, the U.S. Economic Development Administration (EDA) awarded Catawba Regional grant funding of $1,040,000 to start an agribusiness revolving loan fund. Loans will be available to family farmers, agribusinesses, and aquaculture companies in 35 counties across the state.

South Carolina Agribusiness Loan funds can be used in conjunction with bank financing to fund up to 90% of eligible project costs. A market interest rate and negotiable terms can significantly lower overall debt service.

SC Agribusiness Loan General Guidelines:

• Loan amounts from $50,000 - $400,000
• Fixed Interest Rate
• Negotiable Terms
• Legal fees vary
• Uses for Loan Funds include: Land; Building; Building Expansion; Machinery Equipment; Working Capital; Agricultural & Farm

Find out more and apply.

The purpose of the Rock Hill Unite Program is to provide expedited financial relief to small businesses that have experienced a downturn in business due to the impacts from COVID-19.

Provides businesses with the short term capital you need to grow your organization.  No long term contracts.  No minimums required.  No upfront or hidden fees.  Fast and free due diligence.  Rapid Funding in as little as 24 hours.

A nationwide lender offering customized financing options servicing the following industries:  Manufacturing, Staffing, Wholesale/Distributing, B2B Companies, High-Tech, Transportation, and more.  Services include:

• Accounts Receivable Factoring
• Asset-Based Lending
• Payroll Funding
• PO Financing
• Term Loans

SDVOSB certifcation gives you:

• The ability to do business with the Veterans Administration 
• Priority for other federal and/or state contract bidding
• Tax relief
• Better access to Capital
• Extra support

VOSB certifcation gives you:

• The ability to do business with the Veterans Administration 
• Priority for other federal and/or state contract bidding
• Tax relief
• Better access to Capital
• Extra support

LISC's approach to economic development embraces small business lending and coaching, building capacity for local partners, leadership development and deployment of AmeriCorps members with community organizations across the country.

Supports the launching and sustaining of technology commercialization as a vital part of South Carolina's economy through funding programs that concentrate on research and development, high impact entrepreneurship, startup support, talent development and increasing accessibility to risk capital and other resources that enable innovation.

Offers incentives to attract film production to the state