An Independent Economic Development Organization

An Independent Economic Development Organization

Promoting South Carolina's economic well-being through loans and investments to small businesses.

Promoting South Carolina's economic well-being through loans and investments to small businesses.

Who we are

Who we are

Palmetto State Growth Fund provides capital to make South Carolina small business lending more accessible and affordable, often through partnerships with other financial service providers.

Palmetto State Growth Fund provides capital to make South Carolina small business lending more accessible and affordable, often through partnerships with other financial service providers.

Our Partner & Program Focus

Our Partner & Program Focus

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Experienced Small Business Lenders

We provide funding that is often “the first risk of loss” in the event of a credit default. We reduce the lender’s risk, and borrowers obtain bank-rate financing while continuing to work through their local lenders.

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Professional Mezzanine Lenders

We partner with mezzanine lenders that offer lower middle-market businesses access to financing often not met through their local banks.

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Venture Capital Firms

We invest matching capital in promising small business enterprises, often businesses that would not find equity capital elsewhere.

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Entrepreneurs with Specialized Objectives

We provide patient capital that supports aspiring businesses that have the long-term potential to create job growth.

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Direct Lending along side Community Bankers

We partner directly with community bank lenders when our traditional program/partnerships do not fill the need.

Our Partners and Programs

Our Partners & Programs

Our Partners & Programs

Our Team

Our Team

Our Board and staff are experienced South Carolina professionals that understand our state’s business needs.

Our Board and staff are experienced South Carolina professionals that understand our state’s business needs.

View Our Team

Contact Us

Contact Us

Ready to explore opportunities to expand program offerings in your community?

Ready to explore opportunities to expand program offerings in your community?