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Types of funding

The two primary forms of financing are loans and equity. Loans are traditionally provided by banks, credit unions, and certified development companies (CDCs.)   Equity can be provided by a variety of investors including family, friends, angel networks, venture capital, crowdfunding, etc.

For more information on funding sources and related requirements, visit the Financial Aspects section of the South Carolina SBDC website to learn more about topics such as:

 •     SBDC Funding Sources for Small Businesses
 •     SBDC Applying for a Loan
 •     SBDC Lender Start-Up Requirements
 •     SBDC Financial Projection Plan
 •     SBDC Tax Liabilities for Businesses
 •     SBDC Credit Reports


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