The Carolina Small Business Development Fund Startup Friendly is a cdfi lender from Carolina Small Business Development Fund. The annual fee is $0. The ongoing APR is 7%. Approval typically requires a credit score of No minimum or higher. Rewards: Free business counseling and workshops. Typical credit limit: $500 - $250,000. Loan terms: up to $50,000. This product reports activity to your personal credit report. CDFI serving North and South Carolina. SBA microloan intermediary. Offers microloans, small business loans, and working capital. Focus on minority, women, and veteran entrepreneurs.