MIRCOLOAN PROGRAM

SMALL LOANS.
BIG DREAMS.

The Beaufort County Black Chamber of Commerce is an authorized SBA Microloan Lender and USDA Rural Micro-enterprise Assistance Program Lender (also called Loan intermediary program partners).

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Our Microloan Programs help create access to capital for those businesses that have been denied business financing in the traditional lending markets.

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• Loan amounts range from $5,000 to a maximum of $100,000

• Security determined on a case by case basis to adequately collateralize the loan

• Repayment terms range from 3 to 10 years

• Loan payments must be made via debit (ACH)

• Individual qualifications requirements vary from business to business

BCBCC ADVANTAGE LOANS

SMALLER FUNDS. MIGHTY IMPACT.

Our BCBCC Advantage Loans are available to qualified applicants that meet credit approval and reside within CDFI (Community Development Financial Institution) zone. You can borrow as little as $300 up to $2,500 with 12 month and 18 month repayment terms available.

This loan aims to meet consumer borrowing needs at an affordable rate and term, and can be used for the following needs: emergencies, auto repairs, small cost home repairs, unexpected expenses and also to help you start your personal credit building process.