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  • Address: 711 Bladen Street | Beaufort, SC 29902

  • Phone: 843-986-1102

Microloan Program

Microloan Program


The Beaufort County Black Chamber of Commerce is an aunthorized SBA Microloan Lender and USDA Rurual Microenterprise Assistance Program Lender (also called Loan intermediary program partners).

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

Apply Today! It’s Easy as 1-2-3!

Download the Microloan Application Today! Send your completed applications to our Lending Department at (Se Habla Español)

Become an Eligible Borrower Today! It’s Easy!
  • All applicants are required to complete the BCBCC loan orientation program
  • Applicants must have a full business plan
  • Reside in Beaufort or surrounding counties
Micro Loan Terms & Conditions
  • 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
Eligible uses for a Micro-Enterprise Business Loan
For new businesses who need a little boost to get up and running. Our Micro Enterprise Business loans can help bring your dream from thought to finish.
Existing businesses who are trying to expand or sustain operations during an interim period.
Do you need to buy heavy equipment, commercial kitchen equipment, or maybe even commercial sewing or other industrial equipment for your business? Apply for a microloan today!
Is it time for your business to upgrade the machinery used to get the work done? Our microloans help keep industrial small businesses, in business.

Have More Questions? (Se Habla Espanol)

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BCBCC Approved to offer SBA loan products under SBA’s [Preferred Lender/Express; Lender/Certified; or Lender/Microloan] programs and USDA Rural Micro-Enterprise Assistance Program.