BDC regrets that we cannot accept Paycheck Protection Program (PPP) loan applications directly from any applicants at this time. We recommend that you contact your primary financial institution for assistance with a PPP loan.
If you have an existing SBA 7(a) loan with BDC and need to discuss your payment options, please contact Ron Derrick.
If you have an existing SBA 504 loan with CDC and need to discuss your payment options, please contact Sherri Scearce.
BDC does not issue Disaster Loans, as those loans are obtained directly from the Small Business Administration (SBA). If you’re in need of a Disaster Loan, please contact the SBA directly. For detailed information on this program and to apply, please click here.
We thank you for your understanding during these challenging times and we hope you and your loved ones stay safe and healthy.
Our best wishes to you and your family,
Peter Shand and Everyone at BDC and CDC
YEARS IN BUSINESS
INVESTED IN SC BUSINESSES
SMALL BUSINESS LOANS
A Leader in Small Business Lending
For more than 60 years, Business Development Corporation (BDC) has been financing small businesses in South Carolina, leading to the creation of thousands of new jobs for the citizens of the Palmetto State. Since 1958, BDC and its associate company, Certified Development Corporation (CDC), have approved more than 2,850 loans totaling in excess of $1.71 billion, making them leaders in economic development lending and job creation in South Carolina.
USE OF PROCEEDS
PURCHASE OF LAND
INDUSTRY-FOCUSED LENDING PROGRAMS
Business Development Corporation of SC (BDC) became a US Treasury Certified CDFI in August 2015 and a SC Certified CDFI in December 2015.
BDC provides individuals and businesses with opportunities to access funds for local growth, job creation and economic development, with a priority focus on low to moderate income and underserved areas.