Due to COVID-19, our offices are temporarily closed but our staff continues to work remotely and will be available by email and phone to assist you.

What we Offer

Loans and lines of credit

Up to $250,000 for all types of businesses in a wide range of industries

Flexible terms to meet your needs

Rates typically between 8% and 12%

Personalized assistance

Guidance to help grow your business and achieve success

Loan Products

Carolina Small Business is a statewide nonprofit and Community Development Financial Institution (CDFI). We lend to start-ups and existing businesses across the state, with emphasis on businesses that have difficulty accessing financing through traditional lending sources. Learn more about our core loan products.

Our Products

How to Apply

  1. Gather your information

    Before applying for a loan, make sure you compile all the documents you will need to submit with your application. You will be asked to upload the following documents while completing the application: personal and federal tax returns, financial statements, business plan, and resumes of key management.

  2. Complete our online application

    Follow the instructions and be sure to upload all additional documents.

  3. Confirmation
    • You will receive confirmation that your loan application was submitted.
    • If additional information is needed, a loan officer will contact you.
    • Our team will review your application and will contact you to let you know if you have been approved for a loan.
    • If you applied for a loan below $50,000, you should receive a decision within 10 business days.
    • If you applied for a loan above $50,000, you should receive a decision within 15 business days.

Give Today

We're passionate about helping others realize their dreams. But its only possible with your support.

Partner With Us

Eastern Women's Entrepreneurship Center

The Eastern Women’s Entrepreneurship Center (EWEC) was created through a partnership with Elizabeth City State University. It provides an ecosystem of support to entrepreneurs in Northeastern North Carolina.

Learn more

Programa Empresarial Latino

Nuestra misión es proporcionar servicios de préstamos, asistencia técnica y herramientas de gestión empresarial a los empresarios hispanos y la comunidad latina en Carolina del Norte; en especial a aquellos que están social o económicamente en desventaja o desatendidos.

Aprenda Más

Data Transparency

Carolina Small Business values openness about how we measure our impacts. We publish how we define jobs to demonstrate our commitment to accountability.

See the Details