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SBA 7(a)
Loan Program

SBA 7(a) loans are the most commonly used type of SBA loan given the long-term financing options available. In addition, this is the most flexible of all the SBA loan programs, since funds may be used for a variety of general business purposes.

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 7(a) Application Package

SBA 504
Loan Program

SBA 504 program is an attractive, long-term, fixed-rate financing tool designed to provide attractive financing options for small businesses in need of expansion and/or acquisitions.

 504 Application Package

SSBCI Loan Participation Program

This program enables small businesses to obtain short to long-term financing to help businesses grow and expand. The program provides small business loans at competitive terms while reducing lender risk.

 SSBCI Loan Participation Brochure

SC Capital Access Program (CAP)

The SC Capital Access Program (SC CAP) lending program is designed to provide financial institutions operating in South Carolina a flexible and non-bureaucratic tool to make business loans that are considered more risky than conventional loans.

 CAP Application Form

SC Energy Efficiency Revolving Loan Program (EERL)

The Energy Efficiency Revolving Loan (EERL) program was established through the US Department of Energy and the SC Energy Office using "stimulus" funding. It is administered by the Business Development Corporation (BDC) by contract with JEDA.

Rural Modernization Loan Participation Program

The Rural Modernization Loan Participation Program, a pilot program, enables small manufacturing businesses in South Carolina obtain term financing to help replace outdated equipment or add additional equipment, ultimately creating and retaining jobs in South Carolina.

 Rural Modernization Program Brochure

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.

 Second Look Program Brochure