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Lending Area

Special Announcement to Member Banks

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

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 Peter Shand at pshand@bdcofsc.org.