How We Help

The LDC Helps Entrepreneurs and Communities by Providing Small Business Lending Throughout Berkeley, Charleston, Colleton, and Dorchester Counties.

Before You Apply For Your Loan

The LDC is dedicated to the creation and retention of businesses in the Charleston region. The LDC takes the time to get to know both you and your business before the application process even begins to insure that you are matched with the right loan program and loan amount.

Should you need assistance with business planning, accounting support, or other needs before you submit your application, the LDC can connect you to their diverse partner network including SCORE, business development centers, and regional chambers of commerce.

Once you have all of your application materials together, the LDC can provide direct assistance with the loan process, giving you advice on the appropriate loan size and terms.

During the Application Process

The Charleston LDC is a community-driven nonprofit dedicated to growing the local economy by providing flexible, affordable, and customizable loans to small businesses.

The LDC administers multiple loan programs to benefit its clients.  By maintaining multiple lending options, the LDC increases the chances that its clients can affordably reach their funding goals.

As a nonprofit organization, the LDC reinvests all revenue received from the repayment of its loans back into the local community. By investing in quality local companies, the LDC helps to create and retain jobs and fosters diversity within the community.


After You Receive Your Loan

The relationship between the Charleston LDC and its clients does not end when a loan is approved.  The LDC and its partner network provide ongoing business support.

New borrowers are required to attend the Borrower Orientation, which is held the second Wednesday of each month, at 3:30 p.m. at the LDC office.

The LDC provides direct business advisory services (technical assistance) and helps facilitate other business services through its partner network.

The LDC also performs regular business checkups to make sure that your business is succeeding as planned and can help facilitate additional funding as needed.

As you repay your loan, the LDC is able to invest in more companies like yours.