Carolina Small Business Development Fund is a nonprofit and U.S. Treasury-certified Community Development Financial Institution that fosters economic development in underserved communities by providing capital, technical assistance, and policy research to the light way for small businesses.
Purpose Loans for Small Businesses
- Buy a Business
- Operating Capital
- Purchase a Building
- Purchase Equipment/Machinery
- Purchase Inventory
- Start-up Funding
Size of Loan for Small Businesses
- Minimum: $5,000
- Maximum: $350,000 (This maximum amount can be altered for reasons consistent with our mission.)
Type of Loans Offered
- Commercial Loan
- Small Business Administration (SBA)
- The U.S. Department of Agriculture (USDA)
Bank Service Area (By County)
- All North Carolina Counties
Bank Physical Location (By County)
- All North Carolina Counties
Specifically Targeted Programs by Industry
- 11 - Agriculture, Forestry, Fishing, and Hunting
- 21 - Mining
- 22 - Utilities
- 23 - Construction
- 31 - Manufacturing
- 42 - Wholesale Trade
- 44 - Retail Trade
- 48 - Transportation and Warehousing
- 51 - Information
- 52 - Finance and Insurance
- 54 - Professional, Scientific, Technical Services
- 55 - Management of Companies and Enterprises
- 56 - Administrative and Support
- 61 - Educational Services
- 62 - Health Care and Social Assistance
- 71 - Arts, Entertainment, and Recreation
- 72 - Accommodation and Food Services
- 81 - Other Services (except Public Administration)
Specifically Targeted Programs by Business Demographic
- Minority-owned business
- Rural (underutilized zone or tier 1 county)
- Veteran-owned business
- Woman-owned business
Point of Contact
