Carolina Small Business Development Fund
Raleigh, NC 27604
States Served
Top Industries Financed
- Snack and Nonalcoholic Beverage Bars
- Child Day Care Services
- Offices of Physicians (except Mental Health Specialists)
- Limited-Service Restaurants
- Beauty Salons
Quick Summary
Carolina Small Business Development Fund is an SBA-approved lender headquartered in Raleigh, North Carolina. Since 2020, they have approved 69 SBA 7(a) loans totaling $13.9M, with an average loan size of $201K. They serve businesses across 2 states.
About Carolina Small Business Development Fund
Carolina Small Business Development Fund is an SBA-approved lender headquartered in Raleigh, North Carolina. Since 2020, they have approved 69 SBA 7(a) loans totaling $13.9M, with an average loan size of $201K. They serve businesses across 2 states.
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Frequently Asked Questions
Is Carolina Small Business Development Fund an SBA Preferred Lender?
Carolina Small Business Development Fund is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Carolina Small Business Development Fund approved?
According to SBA FOIA public records, Carolina Small Business Development Fund has approved 69 SBA 7(a) loans totaling $13.9M since 2020. Their average loan size is $201K.
What states does Carolina Small Business Development Fund serve?
Carolina Small Business Development Fund serves businesses in 2 states: North Carolina, South Carolina.
How do I apply for an SBA loan with Carolina Small Business Development Fund?
To apply for an SBA 7(a) loan with Carolina Small Business Development Fund, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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