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.

What We Do

What We Do

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

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

Our Partner & Program Focus

Our Partner & Program Focus

partner_exchange

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.

handshake

Professional Mezzanine Lenders

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

payments

Venture Capital Firms

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

assignment_ind

Entrepreneurs with Specialized Objectives

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

things_to_do

Direct Lending alongside Community Bankers

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

More About our Partners and 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?