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Ashely Teasdel

18 Jun

Ashely Teasdel Named to CDC Board

Posted June 18, 2019

Ashely Teasdel, Director of the Business Services Division of the South Carolina Department of Commerce, has been elected to the Board of Directors of Certified Development Corporation (CDC) of SC.

Teasdel joined Commerce in 2015 after nearly seven years of small business banking with BB&T. She now focuses on small business development, existing industry support, supplier outreach and recycling market development for the state.


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BDC Congratulates Alodia's for State SBA Award

11 Jun

BDC Congratulates Alodia's for State SBA Award

Posted June 11, 2019

Lexington County restaurateur Adam Huneau has been named Small Business Person of the Year for 2019 by the South Carolina District of the U.S. Small Business Administration.

The award was presented in recognition of Huneau's hard work and dedication to advancing the small business community. Business Development Corporation worked with Huneau to secure an SBA loan to finance his second Alodia's Cucina Italiana restaurant.


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BDC & CDC Annual Meeting Bank Awards

4 June

BDC & CDC Annual Meeting Bank Awards

Posted June 4, 2019

Three South Carolina banks and a board member were recognized during the 2019 annual meetings of Business Development Corporation (BDC) and Certified Development Corporation (CDC).

This year's annual meetings were held on May 16 at the Marriott Hotel in downtown Columbia.


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Carolina Metal Finishing

30 Apr

Business Development Corporation Closes South Carolina's First Rural Modernization Program Loan

Posted April 30, 2019

Business Development Corporation of South Carolina (BDC) and South State Bank have assisted Carolina Metal Finishing in securing a Rural Modernization Program Loan to add an additional manufacturing line within their Bishopville, SC, facility. The loan, which will provide an expansion of manufacturing capacity and create 20 new jobs, was used to purchase paint coating equipment which is essential to plant operations.


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Ted Crosson

15 Jan

Ted Crosson Joins BDC as Vice President, SBA Lending Officer

Posted January 15, 2019

Veteran local commercial banker Ted Crosson has joined Business Development Corporation (BDC) as vice president and Small Business Administration lending officer.

Crosson had been with BB&T in Columbia for the past 14 years, focusing for the past four years on commercial relationship management and small business coaching for financial centers.


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Laurence S. Bolchoz

28 August

Laurence S. Bolchoz Named to BDC Board

Posted August 28, 2018

Longtime Grand Strand banker Laurence S. Bolchoz Jr. has joined the Board of Directors of Business Development Corporation (BDC).

Bolchoz has been President and CEO of Coastal Carolina National Bank in Myrtle Beach since 2012, providing executive leadership while overseeing strategic planning initiatives. He formerly was with First Federal in Myrtle Beach, serving as Senior Vice President and Grand Strand Market Executive.


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News Archive

Posted August 21, 2018
Hobson Busby Named to BDC Board

Posted August 14, 2018
R. Patrick Weston Named to BDC Board

Posted August 7, 2018
Peter G. Shand Named to BDC Board

Posted June 12, 2018
SSBCI Loan Participation Program Update

Posted May 23, 2018
BDC & CDC Annual Meeting Bank Awards

Posted April 15, 2018
CDC Announces SBA is Now Offering a New 25-Year 504 Debenture

Posted November 28, 2017
BDC Assists Sportsman Boats in Going Solar at Production Facilities

Posted November 14, 2017
Peter G. Shand is the new President of Business Development Corporation (BDC) of SC, the non-bank, small-business lender created by the South Carolina General Assembly in 1958.

Posted November 8, 2017
Edwin Lesley Promoted to Chairman of the Board of Directors at Business Development Corporation

Posted October 31, 2017
BDC Names Lending and Insurance Veteran Rob Evans as Senior VP and Loan Officer

September 27, 2017
BDC Names Veteran Community Banker, Tony Lawton, as Senior VP and Loan Officer

August 22, 2017
Lloyd Hendricks Named to Business Development Corporation's Executive Committee

August 1, 2017
First Community Bank CEO Mike Crapps Named to BDC Executive Committee

July 25, 2017
Bank of Clarendon's Barry Ham Named to BDC Board of Directors

July 18, 2017
Vern Amick Honored with Title of Chairman Emeritus from Business Development Corporation

July 11, 2017
William O. Buyck Named Director Emeritus of Business Development Corporation

June 27, 2017
BDC & CDC Annual Meeting Bank Awards

May 31, 2017
Nate Barber Joins Board of Certified Development Corporation

May 23, 2017
S.C. Community Loan Fund CEO Michelle Mapp Joins BDC Board

January 16, 2017
Nat Green Joins BDC as Vice President and Loan Officer

July 13, 2016
Two Longtime Directors Retire from BDC Board After 35 Years of Service

June 22, 2016
Longtime Banker David L. Morrow Joins BDC Board

June 15, 2016
First Citizens Bank's Sharon Bryant Joins BDC Board

May 25, 2016
BDC & CDC Annual Meeting Bank Awards

March 16, 2016
BDC Helps McCrory Construction Create New HQ In the Vista

November 05, 2015
CDFA Announces Excellence in Development Finance Program Award

September 15, 2015
Special Announcement to Member Banks

June 12, 2015
BDC & CDC Annual Meeting Bank Awards

April 28, 2015
Mze Wilkins Joins Board of Certified Development Corporation

April 14, 2015
Certified Development Corporation Adds Greg Davis to Board

February 10, 2015
BDC Helps New HandPicked Owner Fulfill Her Future

January 7, 2015:
Jim Page Retires After 20 Years With BDC

November 20, 2014:
Small Business Makes a Big Impact on South Carolina

October 20, 2014:
Ron Paull Joins BDC as SVP/ Loan Servicing Officer

September 8, 2014:
Randolph Trucking, with assistance from BDC, JEDA and South State Bank, Utilizes South Carolina Energy Conservation Financing Programs

June 30, 2014:
BDC and its Member Bank, The Palmetto Bank, Participate in an Energy Saving Loan

June 23, 2014:
Daniel Felder Joins Board of Certified Development Corporation

May 22, 2014:
BDC & CDC Annual Meeting Bank Awards

April 21, 2014:
SBA Eliminates Fees on 7(a) Loans $150,000 or Less

March 6, 2014:
BDC and Its Member Bank, First Citizens, Support Lowcountry Small Business Lending

January 21, 2014:
Why choose BDC?

November 5, 2013:
BDC's Direct Marketing Approach

August 12, 2013:
Publishing Veteran Works With BDC to Finance Purchase of Columbia's Free Times

July 15, 2013:
Anna T. Locke Joins Board of Certified Development Corporation

June 24, 2013:
US Treasury Announces South Carolina as First in the Nation to Utilize all SSBCI Loan Participation Program Allocation Dollars

June 3, 2013:
Ameris Bank President H. Richard Sturm Joins BDC Board

May 20, 2013:
BDC & CDC Annual Meeting Bank Awards

April 27, 2013:
BDC Receives Third Round of Funding from US Treasury for SSBCI Loan Program

March 27, 2013:
Peter Shand and Brian Hofferth Join BDC, Adding 48 Years of Lending Experience

February 5, 2013:
W.C. "Bill" Grimes Retires After 25 Years With BDC

November 21, 2012:
Small Business Makes a Big Impact on South Carolina

October 23, 2012:
S.C. JEDA Announces Second Round of Funding to Spur More than $59 Million in Lending to SC Small Business