SC Capital Access
Program (SC CAP)

South Carolina CAP Brochure SC CAP Lender Participation Agreement
Exhibit A
Borrower's Representations Exhibit C
Loan Filing Form Exhibit D
Standard Claim Form

Loans of

$

100

K

or Less

Less Than

$

2

M

Annual Sales
Up to $5m for Wholesale

Max

50

Employees
for Mfg's

Created to Empower Small, For-Profit Businesses in South Carolina to Grow and Expand

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.

Quick and Non-Bureaucratic Small Business Loan Program

The SC CAP program is ideal for small, for-profit businesses that need a quick and non-bureaucratic loan of $100,000 or less. This flexible lending program empowers businesses to grow and expand, which ultimately provides more jobs and better economic conditions in South Carolina.

Reserve Fund Concept

The SC CAP program utilizes a reserve fund concept, which allows financial institutions the ability to make business loans that are considered higher risk than conventional loans and that may not meet conventional underwriting standards.

SC CAP Loans are
Available through Participating Lenders

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Overview

Empowering Small Businesses and Benefitting Lenders

The SC CAP program is simple, fast and flexible, without any input from BDC or the State.

Small Business Borrower

Gives the borrower access to short- or long-term financing that may not otherwise be available
Allows borrowers to receive a quick response to a loan request
Provides fast and easy disbursement of funds to the borrower
Provides a flexible and non-bureaucratic resource for funding

Lender

Provides a simple process, with few forms and no delays
Allows the lender to solely make its own credit decisions and set its own underwriting standards, rate structure, terms & fees to the borrower
Helps the lender retain client and ancillary banking services
Provides the lender CRA credit for each transaction