# Small Business Loans in South Carolina

> South Carolina pairs a fast-growing advanced-manufacturing base — automotive in the Upstate and aerospace around Charleston — with a tourism economy along the coast and a busy container port. Hoss Capital matches South Carolina business owners with funding partners that actively lend across the state, from Charleston and Columbia to Greenville and the communities in between.

## Key takeaways
- As of mid-2026 South Carolina has no commercial financing disclosure law; a 2025 bill (S. 347) was introduced but did not pass, so MCA providers aren't required to give standardized APR or total-cost figures, though the Unfair Trade Practices Act still applies.
- The economy is export-driven advanced manufacturing—BMW in Greer, Boeing and Volvo near Charleston, and Michelin in Greenville—plus coastal tourism and the Port of Charleston.
- The SBA South Carolina District Office in Columbia (with Charleston and Spartanburg branches) handles 7(a) and 504 lending statewide.

## Funding the South Carolina economy

South Carolina has quietly become one of the South's manufacturing and export
leaders. The Upstate around Greenville and Spartanburg anchors an automotive
cluster built on BMW's Greer plant and hundreds of suppliers, while the
Charleston region adds aerospace through Boeing's 787 line and Volvo Cars'
assembly plant. Michelin runs its North American headquarters from Greenville,
and the Port of Charleston keeps goods moving worldwide. Layered on top is a
coastal tourism economy from Charleston to Myrtle Beach and Hilton Head. That
mix of factories, ports, and visitors keeps demand for capital high.

### Industries we fund across South Carolina

- **Automotive & manufacturing suppliers** — equipment financing and working
  capital for the tier-one and tier-two shops feeding plants across the Upstate
  and the I-85 corridor.
- **Aerospace** — growth financing for the engineering and machining firms
  clustered around Charleston's Boeing operations.
- **Logistics & distribution** — invoice factoring to bridge slow-paying freight
  bills moving containers in and out of the Port of Charleston.
- **Tourism & hospitality** — short-term working capital for restaurants,
  hotels, and shops in Charleston, Myrtle Beach, and Hilton Head.
- **Healthcare** — practice financing and build-outs in Columbia, Greenville,
  and the coastal metros.

### What the rules mean for you

South Carolina has not enacted a commercial financing disclosure law — a 2025
bill (S. 347) was introduced but stalled in committee — so MCA and sales-based
financing providers aren't required by the state to give you a standardized APR
or total-cost figure, and they generally don't register with a state financial
regulator. The practical takeaway: get the numbers yourself. Before signing, ask
for the factor rate, the total repayment amount, the holdback percentage, and
every fee in writing, and read the reconciliation clause closely. Hoss Capital
only works with partners who operate transparently.

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Canonical: https://hoss-capital.pages.dev/locations/south-carolina/

Sources:
- https://www.scstatehouse.gov/sess126_2025-2026/bills/347.htm
- https://www.scstatehouse.gov/billsearch.php?billnumbers=347
- https://www.sba.gov/district/south-carolina
- https://crediblelaw.com/merchant-cash-advance-laws-by-state/
- https://www.lendsaas.com/mca-compliance-2026/