Borrowers

$
2.01
+
B
Invested in SC Businesses
 
3,170
+
Small Business Loans
 
65
+
Years in Business

Partnering with Banks to Empower Small Businesses

BDC partners with banks and other financial institutions to provide another arm of financing to small businesses which are unable to obtain financing through traditional lending sources.

BDC can lend to many for-profit owner-occupied small businesses, including industrial and manufacturing as well as retail, service, wholesale and contracting organizations. BDC is a term lender using SBA, SSBCI and other economic development programs to facilitate project financing for up to $5 million and, in some cases, even larger.

As of 12/6/2024
6.093%25-Year 504 Rate
6.160%20-Year 504 Rate
7.75%Prime Rate

Compare Loan Options

Loan Comparison Chart

SBA 7(A) LOAN GUARANTY PROGRAM


  • LOAN OF
    $5 MILLION OR LESS

  • UP TO
    25 YEAR AMORTIZATION

  • VARIABLE RATE
    FINANCING
Application Package Program Brochure Borrower Guide Loan Details

SBA 504 LOAN (DEBENTURE) PROGRAM


  • DEBENTURE OF
    $5 MILLION OR LESS

  • UP TO
    25 YEAR AMORTIZATION

  • FIXED RATE
    FINANCING
Application Package Program BrochureBorrower Guide Loan Details

SSBCI LOAN PARTICIPATION PROGRAM


  • LOAN OF
    $20 MILLION OR LESS

  • UP TO
    25 YEAR AMORTIZATION

  • UP TO
    95% FINANCING
Program Brochure Participating Banks Loan Details

Contact Us Today

Learn more about our loan programs and how to start the application process.

Contact Us

Member Banks

At BDC, we partner with over 30 member banks to offer a variety of loan programs, including SBA loans, SSBCI loans, and state-specific programs.

View Our Member Banks

Second Look Program

BDC's Second Look Program 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.

How the Program Works

Under this program, any loan request that has been declined by an area bank may be submitted by the bank or directly by the business to BDC for further review. Upon receipt of the loan request, BDC will:

  • Complete an analysis of the loan request
  • Review the bank's underwriting and/or perform additional due diligence
  • Identify and arrange for technical assistance for the business, if available
Get Started with Second Look Program