About BEFCOR

BEFCOR is a non-profit lender dedicated to serving small businesses across all 100 counties in North Carolina, as well as Chester, Chesterfield, Lancaster, and York counties in South Carolina. Founded over 40 years ago, our team has built a legacy of supporting emerging and expanding businesses as they grow within our state.

When small businesses have low-cost and well-structured financing, jobs are created, local communities thrive, our state strengthens, and our national economy grows. Our team plays a crucial role in this process, and we are proud to offer our expertise and ingenuity to achieve the best results.

BEFCOR is:

Mission-driven
A non-profit small business lender
An SBA-licensed Certified Development Company (CDC)
A US Department of the Treasury-certified Community Development Financial Institution (CDFI)

BEFCOR specializes in:

Helping small businesses owners find affordable financing
Supporting those who cannot obtain full financing from a bank or credit union
Providing favorable loan terms — lower down payments, longer repayment periods, and competitive interest rates
Financing business expansion with low down-payment options

Your Trusted Partner for SBA 504
and CDFI Small Business Loans

As an SBA Certified Development Company “CDC”, we are authorized and empowered by SBA to offer SBA 504 loans. In fact, SBA 504 loans are available only through CDCs.

As a Community Development Financial Institution “CDFI”, we are certified and approved by the US Department of the Treasury to offer small business loans. This confirms that our organization has been approved to work with businesses who need $150,000 or less in NC. CDFIs such as BEFCOR, offer flexibility, direct loan application assistance, and more!