Top SBA Lenders in South Carolina for Other Services
4 SBA 7(a) lenders active in South Carolina's other services sector.
Lenders
12 loans
Total Volume
Median Rate
State avg: Prime + 2.50%
Default Rate
State avg: 1.7%
Top Other Services Lenders in South Carolina
Rate Distribution (Other Services in South Carolina)
All Other Services Lenders in South Carolina
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | First Business Bank | 3 | $1.1M | P+2.38% | 3.0% |
| 2 | VelocitySBA, LLC | 3 | $2.2M | P+3.00% | 2.4% |
| 3 | The Huntington National Bank | 3 | $3.6M | P+2.25% | 1.5% |
| 4 | SouthState Bank, National Association | 3 | $1.9M | P+2.75% | 1.0% |
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Customize your search →Other Services SBA Lending in South Carolina
4 SBA 7(a) lenders are active in South Carolina's other services sector, having originated 12 loans totaling $8.8M. The median rate for other services acquisitions in South Carolina is Prime + 2.56%, compared to the statewide median of Prime + 2.50%.
The 10-year cumulative default rate for this niche is 1.9%, which is above the state average of 1.7%.
Frequently Asked Questions
How many SBA lenders specialize in other services in South Carolina?
4 SBA 7(a) lenders have originated other services acquisition loans in South Carolina, with a combined 12 loans.
What rate can I expect for a other services acquisition in South Carolina?
The median rate is Prime + 2.56% (Prime + spread). This compares to a statewide median of Prime + 2.50%. Actual rates depend on loan size, borrower qualifications, and collateral.
What is the default rate for other services SBA loans in South Carolina?
The 10-year cumulative default rate is 1.9%, compared to a statewide average of 1.7%.
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected state and industry. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.
Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.