Capital for South Carolina operators
from the Upstate to the Grand Strand.

South Carolina runs one of the most aggressively industrializing economies in the country. The BMW Manufacturing plant in Spartanburg is the largest BMW plant in the world by output and consistently the largest US auto exporter by value. Boeing's 787 final assembly line in North Charleston is one of only two 787 final assembly lines in the world. The Volvo Cars plant in Ridgeville and the Mercedes-Benz Vans plant in North Charleston have added a Lowcountry automotive cluster on top of the existing Upstate cluster. Michelin, headquartered in Greenville, operates one of the largest tire-manufacturing footprints in North America. The Port of Charleston is consistently one of the top-ten US container ports by volume and one of the fastest-growing. Layered on top: Myrtle Beach is one of the most-visited US tourism destinations by total visitors, Hilton Head and Charleston anchor a Lowcountry luxury-hospitality economy, and Fort Jackson trains more than half of all new US Army soldiers. Banks, by structure, struggle to keep up with that mix. Goliath was built to.

Our South Carolina pipeline reaches every region of the state. The Charleston metro brings us the densest deal flow — Downtown, the French Quarter, the Historic District, Mount Pleasant, West Ashley, James Island, North Charleston, and out through Charleston, Berkeley, and Dorchester counties. The Upstate covers Greenville, Spartanburg, Anderson, and the broader BMW supplier ring. The Midlands covers Columbia, Lexington, and the broader state-government economy. The Grand Strand covers Myrtle Beach, North Myrtle Beach, Conway, and the broader Horry County beach economy. The Lowcountry beyond Charleston covers Hilton Head, Bluffton, Beaufort, and the broader Sea Islands. The Pee Dee covers Florence and the broader I-95 corridor.

The bank-lending coverage gap in South Carolina

South Carolina has a wider small-business credit gap than people expect, particularly outside Charleston and Greenville. Community-bank consolidation has thinned the lender field across the state, and the surviving regional and national institutions structurally favor commercial real estate, tourism real estate, and high-net-worth lending over the $50K to $400K working-capital tickets that South Carolina small businesses actually need. The result: a Spartanburg BMW tier-one supplier financing a tooling change, a North Charleston Boeing subcontractor mobilizing, a Myrtle Beach hospitality operator riding the off-season, a Hilton Head restaurant operator carrying winter overhead — strong, deposit-rich businesses — frequently cannot get a timely yes from a bank. We fill that gap.

We are deposit-based underwriters. We read your four most recent months of business bank statements, your ledger, and how you actually operate the company. We do not require two years of tax returns, audited financials, or a 720 FICO. That approach is well-matched to the South Carolina mix because it accommodates the receivable-heavy tier-one supplier, the seasonal-revenue Myrtle Beach hospitality operator, the project-based contractor, and the credit-card-heavy Charleston restaurant on the same underwriting bench. We routinely fund operators in their first year as long as deposit patterns support the offer.

The South Carolina industry mix, the way we see it

Automotive anchors our South Carolina book — BMW Spartanburg and its tier-one supplier ring, Volvo Cars Ridgeville, Mercedes-Benz Vans North Charleston, and Michelin Greenville. Aerospace anchored by Boeing 787 Charleston and the broader aerospace supplier ring. Tourism and hospitality across Myrtle Beach, Hilton Head, Charleston, and the broader coast. Port of Charleston-tied logistics. Defense through Fort Jackson, Charleston Air Force Base, MCAS Beaufort, and the Parris Island Marine Corps Recruit Depot. Agriculture, forestry, and a deep contractor and restaurant book across every region round out the top of the pipeline.

South Carolina is best understood as the Lowcountry plus the Upstate plus the Midlands, with the Grand Strand running between. Below is how the major metros break down in our book.

Charleston

Charleston is the dominant single South Carolina market in our book and one of the most-visited US cities. The metro economy mixes a deep historic-district tourism and hospitality book through Downtown, the French Quarter, and the Battery; the Boeing 787 final assembly line and broader aerospace cluster in North Charleston; the Volvo Cars Ridgeville and Mercedes-Benz Vans North Charleston automotive cluster; and the Port of Charleston logistics complex. We fund restaurants and hotels through the historic district, Boeing and automotive supplier businesses, drayage and 3PL operators, contractor and trade businesses, and the long tail of vendor businesses across the metro.

Columbia

Columbia anchors the Midlands and combines state-government employment, the University of South Carolina economy, the Fort Jackson military economy (the largest US Army basic-training installation), and a deep healthcare cluster anchored by Prisma Health. We fund medical and dental practices, military-adjacent service businesses, contractor and trade businesses, restaurants and hospitality through The Vista and Five Points, and the long tail of professional-services businesses orbiting state government and USC.

Greenville

Greenville anchors the Upstate and combines the Michelin North America corporate-headquarters economy, the broader BMW supplier ring, a deepening technology and professional-services book, and one of the most-quoted downtown turnarounds in the South along Main Street. We fund automotive and tire-industry suppliers, contractor and trade businesses, restaurants and hospitality through downtown Greenville, medical and dental practices, and the long tail of professional-services businesses across the metro.

Spartanburg

Spartanburg is home to BMW Manufacturing, the single-largest BMW plant in the world by output and consistently the largest US auto exporter. The tier-one and tier-two supplier ring runs through Spartanburg, Greer, and Greenville counties and anchors one of the densest automotive supplier economies in the Southeast. We fund BMW tier-one and tier-two suppliers, logistics operators tied to plant inbound flows, machine shops and fabrication businesses, contractor and trade businesses, and the long tail of vendor businesses orbiting BMW.

Myrtle Beach

Myrtle Beach anchors the Grand Strand and is one of the most-visited US tourism destinations by total annual visitors. The metro economy is built almost entirely on hospitality, golf, and entertainment — hotels and resorts along the beach, the broader restaurant and entertainment economy through Broadway at the Beach and the boardwalk, and a deep golf-course and golf-services economy through Horry and Georgetown counties. We fund hotels and resorts, restaurants, entertainment and attractions, contractor and trade businesses, and the long tail of seasonal-tourism vendor businesses across the Grand Strand.