Business Development Corporation of SC Email Format
Financial ServicesSouth Carolina, United States2-10 Employees
The Business Development Corporation of South Carolina provides growth capital to South Carolina businesses. It operates as a non-bank lender that collaborates with banks to identify flexible loan programs and can offer SBA 7(a), SBA 504, and SSBCI financing. The organization is based in Columbia, South Carolina. Founded in 1958, the company and its associate, Certified Development Corporation, have approved more than 3,261 loans totaling over $2.04 billion for projects across the state, reflecting a longstanding role in economic development lending and job creation. Recent industry recognition includes CDC earning two SBA 504 program awards in 2023 for dollar volume and number of loans approved in South Carolina, and Bdcofsc having previously been recognized as a top lender in the state for both dollar volume and number of loans in 2021.