The BEST lines of credit for businesses in South Carolina

Let Us Be Your Guide in Navigating the Small Business Loan Landscape
Welcome to the hub of small business financing in South Carolina . Here, we recognize the pivotal role that small businesses play in driving the state's economy.
Line of Credit Depot got our Columbia restaurant approved quickly for $95K to open a new location. Our second SC spot is exceeding sales already. Highly recommend for small businesses in South Carolina needing financing.
Melanie S.
Current Rates in South Carolina
0% - 2% + Prime From WSJ (8.5% as of 8/8)
$250k available
8.5% as of 8/8
2 weeks to fund
See if you qualify

The Economic Strength of South Carolina

South Carolina, a hub of entrepreneurial activity, boasts a thriving small business ecosystem that plays a vital role in the state's economy. Lending institutions in South Carolina reporting under the Community Reinvestment Act played a significant role in supporting small businesses. In 2018, these institutions issued a total of 79,529 loans under $100,000, with a combined value of $1.3 billion. This lending activity demonstrates the commitment of financial institutions to providing access to capital for small businesses, facilitating their growth and development within the state.

Small Business Stats:

  • $50,000 Median income for self-employed individuals
  • 79,529 loans issued to small businesses
  • 99.4% of businesses are small businesses
  • 88.95 Small Business Optimism Index

HVAC Company Expands to New Location
Daniel opened his HVAC company, Charleston Comfort Systems, in Charleston, SC over 8 years ago
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Guide to Getting a Line of Credit in South Carolina

We provide Businesses in the state of South Carolina with bank-level financing

Apply
Streamline the process by filling out a simple online application. Say goodbye to lengthy paperwork and complex forms.
Compare
Our team of financial experts is dedicated to understanding your unique needs. We'll work closely with you to define the perfect financing option tailored to your business requirements.
Select
Receive a range of offers from our trusted network of lenders. Take your time to evaluate and compare the options available. Choose the one that aligns perfectly with your goals and vision.
Receive
Experience the joy of quick and efficient funding. Within just a few days, your business will have the financial boost it needs to thrive. It's that simple!

"See if you qualify before you apply. Answer a few questions about your business to get a pre-approval."

Matthew Elling
Small Business Financing Expert & Founder of Line of Credit Depot
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