If you are planning on applying for a small business loan and your business is based in Columbia, South Carolina, we've assembled a list of local small business banks that you should contact.
Local Columbia Lenders
To help you learn more about local small business lenders, here's our list of small business banks in Columbia.
Small Business Bank |
Recent SBA Loans |
Agfirst Farm Credit Bank |
|
All South Federal Credit Union |
|
Allsouth Federal Credit Union - Dentsville Office Mortgages |
|
Allsouth Federal Credit Union - Northeast Office |
|
Allsouth Federal Credit Union - Sumter Highway Office |
|
Allsouth Federal Credit Union - VA |
|
ATM America Inc |
|
ATM Management Group Inc |
|
Atm USA LLC |
|
Banc Of America Investment Services- Inc |
|
Bank Of America |
23 |
Business Carolina, Inc. |
97 |
Business Devel Corp - So. Caro |
322 |
Carolina First Bank |
3 |
Carolina National Bank & Trust |
1 |
Central Carolina Bank Trust Andnvstmnt Management DVSN |
|
DENA Bank Apartments |
|
Efmark Service CO |
|
First Cit. Bank & Trust Inc |
41 |
First Citizens Bank |
|
First Community Bank |
|
First Palmetto Savings Bank |
|
First South Bank |
4 |
First Union Home Equity Corporation |
|
First Union Mortgage Corporation |
|
First Union Wachovia |
|
Firstar Homes Inc |
|
Fleet Mortgage |
|
Fort Jackson - Federal Credit Unions- Dutch Square Branch |
|
Fort Jackson - Federal Credit Unions- Garners Ferry OFC |
|
Fort Jackson - Federal Credit Unions- V A Branch |
|
Fort Jackson Federal Credit Union |
|
National Bank of South Carolina NBSC - Offices- Broad River Road Office- ATM Loca |
|
National Bank of South Carolina NBSC - Offices- Gamecock Office- ATM Loca |
|
National Bank of South Carolina NBSC - Offices- Lower Richland Office- ATM Loca |
|
National Bank of South Carolina NBSC - Offices- Main Office |
|
National Bank of South Carolina NBSC - Offices- Millwood Office- ATM Loca |
|
National Bank of South Carolina NBSC - Offices- Spring Valley- ATM Loca |
|
National Bank of South Carolina NBSC - Offices- Trenholm Office- ATM Loca |
|
NationsBank of South Carolina |
|
Olde South- Limited |
|
Regions Bank - Banking Center Locations- Columbia Kroger Office |
|
Regions Bank - Banking Center Locations- Columbia Main Office |
|
Regions Bank - Banking Center Locations- Columbia Wal-Mart Office |
|
Regions Mortgage |
|
Savings Carolina |
|
South Carolina Bank and Trust |
|
South Carolina Community Bank |
3 |
South Carolina Federal Credit Union - Columbia |
|
South Carolina Federal Credit Union - NE Columbia |
|
Southtrust Bank - Offices- Main Street |
|
Southtrust Bank N A |
|
Sunbelt Credit |
|
Synovus Mortgage Corporation |
|
The Christie Co.-Inc. |
|
Wachovia Bank |
|
Washington Mutual Home Loans |
|
Wells Fargo Financial |
|
Wright Milton CLU |
|
Lenders for Columbia Businesses
This is a list of banks outside of Columbia, South Carolina that have provided SBA loans to Columbia businesses. Some of these may be national banks with local branch locations.
Small Business Bank |
Recent SBA Loans |
Banco Popular North America
New York City, NY |
1 |
Bank Of America
Charlotte, NC |
93 |
Branch Bank & Trust
Greenville, SC |
1 |
Branch Bank & Trust
Winston Salem, NC |
15 |
Business Loan Center, LLC
New York, NY |
4 |
Business Loan Center, LLC
Panama City Beach, FL |
1 |
Business Loan Center, LLC
Richmond, VA |
1 |
Capital One
Mclean, VA |
14 |
Cit Small Business Lending Corp
Livingston, NJ |
7 |
Citicapital Small Business Finance
Irving, TX |
2 |
Citizens Bank
Elizabethton, TN |
1 |
Comerica Bank
Austin, TX |
1 |
Comerica Bank
Boca Raton, FL |
1 |
Comerica Bank
Houston, TX |
1 |
Commerce Bank
Flemington, NJ |
1 |
Community So. Bank D.b.a Commun
Parsons, TN |
3 |
Community W. Bank
Goleta, CA |
5 |
Darby Bank & Trust
Vidalia, GA |
1 |
Excel National Bank
Beverly Hills, CA |
1 |
First Bank
Hazelwood, MO |
1 |
First South Bank
Spartanburg, SC |
1 |
Ge Cap. Small Business Finan Corp
St. Louis, MO |
4 |
Hanmi Bank
Los Angeles, CA |
1 |
Haven Trust Bank
Duluth, GA |
4 |
Innovative Bank
Oakland, CA |
65 |
Merrill Lynch Bank Usa
Salt Lake City, UT |
2 |
Pnc Bank, National Association
Philadelphia, PA |
1 |
Regions Bank
Atlanta, GA |
2 |
Regions Bank
Birmingham, AL |
1 |
Saehan Bank
Los Angeles, CA |
1 |
Small Business Loan Source LLC
Houston, TX |
4 |
Suntrust Bank
Atlanta, GA |
1 |
Suntrust Bank
Richmond, VA |
1 |
Superior Financial Group, LLC
Walnut Creek, CA |
28 |
United Central Bank
Garland, TX |
1 |
United Midwest Savings Bank
De Graff, OH |
1 |
Unity Bank
Clinton, NJ |
2 |
Ups Capital Business Credit
Windsor, CT |
1 |
Wachovia Bank
Birmingham, AL |
3 |
Wachovia Bank
Charlotte, NC |
6 |
Wachovia Bank
Philadelphia, PA |
1 |
Wachovia Bank
Winston Salem, NC |
6 |
Wachovia SBA Lending, Inc.
Roseville, CA |
4 |
Business Loan Advice for Columbia Businesses
Prior to meeting with banks to get a bank loan, you will need to determine exactly what size loan you will be asking for.
You need to be able to clearly introduce your business to the banker, explain how much you want to borrow, describe what the money will finance, and show how you intend to to pay the money back to the bank.
Being able to present a well-written business plan is essential. If the loan is to for an existing business, you should also have financial statements covering the last three years. Bankers will also want to know what collateral you have available to secure the loan. Collateral is relevant because banks always
want to be prepared for a worst-case scenario in which cash flow from the business does not meet your projections.
If the business has few assets, the bank may ask you to to pledge your personal assets, such as stocks and bonds that you might own or life insurance policies. The banks will look at your personal credit report in any case, so hopefully you have good credit history
-- you may want to get a copy of your credit history prior to meeting with the banker.
Many of the banks in our list participate in the financial assistance programs available through the SBA. Before you sit down to talk with a small business banker, you may want to do your homework on SBA loans programs to see if you qualify. SBA 7(a) loans, SBA 504 loans and SBA disaster assistance loans may be available to you.
Gaebler.com Advice on Raising Money
Our Gaebler.com site is deeply committed to helping entrepreneurs, and we have a
lot of resources related to to Raising
Money. If you want to learn about raising money, we would suggest you read Angel Investors.
Business Loan Sources for Other Cities in South Carolina
Get a Business Loan in Clinton
Get a Business Loan in Conway
Browse All Business Loan Sources for South Carolina