CSBDF's offices are temporarily closed to comply with NC's Phase 2 guidelines. All staff are available to help via phone and email.

How to Apply

Thank you for your interest in our affordable financing products. We’re doing our best to ensure we’re getting to all of our client inquiries. Due to COVID-19, we’re receiving an overwhelming demand and a large surge of emergency loan funding requests and are having to prioritize the COVID-19 loan applications. We ask for your understanding as we do our best to get back to you. You can always visit our FAQs page on our website to address some of the questions you may have.

 

For businesses operating for at least two years:

Micro Loan (< $50,000)

  • Business and Affiliate(s) Tax Returns – most recent 1 year
  • Interim Income Statement – within 90 days
  • Interim Balance Sheet – within 90 days
  • Debt Schedule – Current
  • Financial Projections – Must include assumptions to projections

 Conventional Business Loan (> $50,000)

  • Business and Affiliate(s) Tax Returns – most recent 3 years
  • Interim Income Statement – within 90 days
  • Interim Balance Sheet – within 90 days
  • Debt Schedule – Current
  • Financial Projections – Must include assumptions to projections
  • Accounts Receivable and Accounts Payable Aging Report – within 90 days

For businesses operating less than two years or without revenue of any kind:

 Micro Loan (< $50,000)

  • Business Plan
  • Financial Projections – Must include assumptions to projections
  • Business and Affiliate(s) Tax Returns – most recent 1 year
  • Income Statement – within 90 days
  • Balance Sheet – within 90 days
  • Debt Schedule – Current

Conventional Business Loan (> $50,000)

  • Business Plan
  • Financial Projections – Must include assumptions to projections
  • Business and Affiliate(s) Tax Returns – most recent 3 years
  • Income Statement – within 90 days
  • Balance Sheet – within 90 days
  • Debt Schedule – Current
  • Accounts Receivable and Accounts Payable Aging Report – Current

Thanks to Carolina Small Business, I have the resources I need to grow my business and I am comfortable knowing I have a resource helping me. Carolina Small Business is a part of my journey and challenges me to build my weak areas and helps me to build my account finances.

- Jimmy Price, A Step Above Cleaning Service

Success Stories

One of the most rewarding things about working at the Carolina Small Business Development Fund is being able to see people realize their dreams.

Read Stories