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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