At a glance
From its website, read 2 Nov 2026South Carolina Community Loan Fund is a loan fund based in Charleston, South Carolina. Its website describes affordable housing development loans, nonprofit facility loans and small-business loans. Stated loan amounts run from $10,000 to $3M. Where it lends: Statewide across South Carolina. It says it considers borrowers with low or no credit history. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.sccommunityloanfund.org |
| Office (official list) | 1051-A Gardner Road, Charleston, SC 29407 |
What their website says about applying
Use this checklist to gather the documents and details that your loan officer will typically need before moving a small business application forward.
sourcePrior year and year-to-date profit and loss statements
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Small-business loans | Term: up to 3 yr | : Up to 3 years | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Low or damaged credit considered
With no credit score minimum, the LEAP Forward Loan is designed to be accessible to a wider range of entrepreneurs who may face barriers to traditional financing.
source - Collateral required
: Secured by business assets
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 17 Sep 2013 |
| RSSD ID | — (none listed) |
| Address | 1051-A Gardner Road, Charleston, SC 29407 Directions (Google Maps) |
| Website | www.sccommunityloanfund.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 6 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. Pages do not state loan amounts or terms for housing or community facility loans, and the LEAP Forward Loan has no stated amount. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Affordable housing development loans | — | Supporting the creation of stable, quality housing for families experiencing economic constraints. | source |
| Nonprofit / community facility loans | — | Funding critical infrastructure that serves community needs. | source |
| Small-business loans | $10,000 – $3M | Term Loans range from $10,000 to $3,000,000. | source |
Loan sizes
Term Loans range from $10,000 to $3,000,000.
source
Range used for the size filter: $10,000 to $3M
Service area
Statewide across South Carolina
support affordable housing, small businesses, community facilities, and access to healthy food in communities across South Carolina.
source
Statewide: South Carolina
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. APPLY FOR A LOAN
source
Pages read (6)
- https://sccommunityloanfund.org/
- https://sccommunityloanfund.org/lending/
- https://sccommunityloanfund.org/apply/
- https://sccommunityloanfund.org/sclcf-ofn-financial-product-lab/
- https://sccommunityloanfund.org/small-business-success-edisto-tire-lube-llc-loan/
- https://sccommunityloanfund.org/from-leap-to-leap-forward-loan-empowering-small-business-owners-in-south-carolina/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What interest rate and fees should I expect on your affordable housing development loans and nonprofit facility loans?
Their website does not state a rate for this. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$8.4 million in 11 awards from the U.S. Treasury's CDFI Fund, 2008–2021 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2021 | CDFI Rapid Response Program | $1,200,000 |
| 2019 | CDFI Program, Financial Assistance | $714,000 |
| 2018 | CDFI Program, Financial Assistance | $950,000 |
| 2018 | Healthy Food Financing Initiative, Financial Assistance | $500,000 |
| 2014 | CDFI Program, Financial Assistance | $1,000,000 |
| 2013 | CDFI Program, Financial Assistance | $1,347,000 |
| 2012 | CDFI Program, Financial Assistance | $703,806 |
| 2011 | CDFI Program, Financial Assistance | $500,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2009 | CDFI Program, Financial Assistance | $600,000 |
| 2008 | CDFI Program, Technical Assistance | $99,738 |
New Markets Tax Credit allocations
$160 million in 4 allocations. An NMTC allocation is the authority to offer investors federal tax credits for community investments; it is not cash paid to the lender and is not counted in the award total above.
| Round year | Program | Allocation |
|---|---|---|
| 2024 | New Markets Tax Credit allocation | $75,000,000 |
| 2022 | New Markets Tax Credit allocation | $50,000,000 |
| 2019 | New Markets Tax Credit allocation | $15,000,000 |
| 2018 | New Markets Tax Credit allocation | $20,000,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $42.2M |
|---|---|
| Total liabilities | $29.3M |
| Net assets | $12.9M |
| Total revenue | $6.6M |
| Notes and loans receivable, net (Part X line 7) | $27.3M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 01-0793507, filed as “SOUTH CAROLINA COMMUNITY LOAN FUND”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $42.5M | $10.1M | $5M | $32.8M |
| Dec 2022 (990) | $41.6M | $10.5M | $3.6M | $29.5M |
| Dec 2023 (990) | $42.2M | $12.9M | $6.6M | $27.3M |
Total assets were about flat from Dec 2021 to Dec 2023; notes and loans receivable fell 17%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $3M | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 84% of these 184. |
| Total assets, latest IRS Form 990 | $42.2M | Larger than 74% of the 449 other certified loan funds and venture funds nationwide with a matched Form 990 (median $15.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 84% |
| Form 990 total assets | certified loan and venture funds with a Form 990, nationwide | 449 | larger than 74% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in Charleston and South Carolina
- Charleston Redevelopment CorporationLoan fund · Charleston, SCOfficial list only
- CLIMB FundLoan fund · Charleston, SCCommercial real estate loans, Microloans, Small-business loansVerified
- Berkeley Community Federal Credit UnionCredit union · Moncks Corner, SCAuto / vehicle loans, Personal / consumer loansVerified
- Business Development Corp of SCLoan fund · Columbia, SCCommercial real estate loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Carolina Foothills FCUCredit union · Spartanburg, SCAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
- CommunityWorksLoan fund · Greenville, SCCredit-builder loans, Microloans, Small-business loansVerified
Work at South Carolina Community Loan Fund? Link to this page
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