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Special Announcement to Member Banks

In an effort to expand the value of your membership in Business Development Corporation (BDC), we have received authority from the Small Business Administration (SBA) to make SBA 7(a) loans in a seven state area that includes:

  • South Carolina
  • North Carolina
  • Georgia
  • Tennessee
  • Alabama
  • Florida
  • Virginia

Since the recession and related mergers, an increased number of members are operating in states other than South Carolina. Previously, BDC has had to decline assistance to member banks and prospective borrowers in the states outside of South Carolina, however, we are now able to assist you in these cases.

Please keep us in mind as you continue to develop small business lending in this expanded market area. If you have any questions or needs, please contact me at (803)744-0301 or ELesley@BDCofSC.org.

Sincerely,

Edwin O. Lesley

Edwin O. Lesley
President/CEO
Business Development Corporation (BDC)

 

About BDC and CDC

Since 1958, BDC and its associate company, Certified Development Corporation (CDC), have approved more than 2,625 loans totaling in excess of $1.5 billion making us leaders in economic development lending and job creation.

SBA 7(a) Authorized Area of Operations