SC Community Loan Fund

SC Community Loan Fund is a Community Development Financial Institution in Charleston, SC, located at 1122 Lady Street. The organization provides financing and resources to support affordable housing, small businesses, community facilities, and access to healthy food in communities across SC. It holds a rating of 3.80 based on 10 reviews. Founded in 2004 as the Lowcountry Housing Trust to finance affordable housing in Charleston, the organization expanded its mission to include lending for small businesses, community facilities, and healthy food access, eventually rebranding as SC Community Loan Fund to serve the entire state. Services include New Market Tax Credit allocations and entrepreneur development opportunities, such as a 10-week course that provides business development skills, mentorship, and access to startup capital. Loan officers provide one-on-one assistance to applicants. The organization has helped launch and grow hundreds of small businesses and provided thousands of hours of technical assistance to aspiring entrepreneurs and community developers. It supports schools, healthcare centers, local markets, food co-ops, and farms. The organization secures funding from multiple sources, including federal grants from the U.S. Treasury’s CDFI Fund, bank investments to meet Community Reinvestment Act requirements, philanthropic contributions, private investors, and state and local government programs. The board includes Martin Livingston, Ginny Stroud, Nate Harrison, Dorothea Bernique, Charles Dew, Benjamin Brams, Shauna Cooper, and Quinetha Frasier. SC Community Loan Fund combines its mission-driven lending with direct technical assistance to strengthen local economies and build assets in the communities most in need of economic opportunity.

BizScoreAI gives the business a technical score of 81 out of 100, which means the website is secure and easy for search engines to read without errors. The discoverability score is 75 out of 100, ensuring that AI crawlers can access every page so the business can be recommended by AI assistants.