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SC Capital Access Program (SC 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.

For Financial Institution Use

Quick and Non-Bureaucratic Small Business Loan Program

Designed for financial institution use--for the benefit of their borrowers, the SC CAP program is ideal for lenders with loan requests from small, for-profit businesses that need a quick and nonbureaucratic loan for $100,000 or less. This flexible lending program empowers small 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.

Benefitting Lenders and Empowering Small Businesses

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

Empowering Small Businesses and Benefitting Lenders

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

Business Borrower Lender
  • 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
  • There are no initial costs to participate in
    this program
  • 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

SC CAP Loan Qualifications


Maximum Amount of Loan $100,000 + fees
Number of Employees Maximum of 50 employees if a manufacturer
Type of Entity For-Profit only
Annual Sales Retail/Service Business with $2 million or less
Wholesale with $5 million or less
Any other business with $2 million or less
Terms Short-Term or Long-Term
Approval of Loan Bank
SBA Guarantee No

For-Profit Businesses That Qualify

Businesses that may qualify for this loan program are entities that carry on a business activity for profit in South Carolina, including:

  • Cooperatives
  • Corporations
  • Joint Ventures
  • Partnerships
  • Sole Proprietorships

Examples of Types of Businesses That May Qualify *

  • Bookstore
  • Bridal Boutique
  • Cabinet Maker
  • Car Wash
  • Childcare Center
  • Chiropractor
  • Construction Company
  • Convenience Store
  • Day Spa
  • HVAC Services
  • Industrial
  • Insulation Services
  • Interior Design Business
  • Lawn Care Business
  • Manufacturing
  • Oil Equipment Company
  • Oil and Lube Station
  • Paint & Body Shop

* This list contains examples of the types of businesses that may qualify for this loan program, however, this loan program is not limited to the above-listed examples.

BDC Resources

Peter Shand

Peter Shand

President & Treasurer