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Last updated: July 11, 2025

South Carolina Business Funding Guide

South Carolina offers favorable SBA lending conditions in 2025, especially for small businesses tied to tourism, trade, and advanced manufacturing. Average SBA loan amounts of $500,000 make the state attractive for mid-sized operators. Charleston and Greenville are seeing increased loan approvals and microloan activity, giving the state broader access to capital across its urban regions.

5,382,667

Population

505000

Avg. Funding Amount

Tourism

Business Climate

3

Major Cities

Major Business Centers

Charleston
Columbia
Greenville

Top Business Funding Topics for South Carolina

Essential reading for South Carolina entrepreneurs seeking business funding

Merchant Cash Advance
#1
Everything you need to know about merchant cash advances, including how they work, costs, benefits, and alternatives - Specifically tailored for South Carolina businesses and market conditions.
12 min read
Read Guide