Benedict-Allen CDC

2601 Read Street, Suite 115

Columbia,SC 29204

Office:  803.705.4682

Fax:      803.705.7081

Email:   info@benedictallencdc.org

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© 2019 Benedict-Allen Community Development Corporation. Designed by BossyWorks


The BMRLF is a program specifically designed to provide commercial loan capital to qualified small and/or minority owned businesses so that they can be successful in creating new jobs, expanding the tax base and enhancing the overall quality of life in their communities. The BMRLF program is comprised of a group of community–minded lenders and funding sources that provide loan capital. The application must be reviewed by a loan committee to ensure it meets program requirements and receives approval.   The BMRLF currently serves the 7 counties of the SC Midlands which includes Richland, Lexington, Kershaw, Calhoun, Newberry, Saluda, and Fairfield Counties.


Unlike a traditional bank, the BMRLF program recruits its customers through non-traditional grassroots efforts and spends time establishing a mutually beneficial relationship. We help our customers gain knowledge, skills and resources to secure a loan and operate a successful business. While our customers must meet similar standards, we have removed certain barriers that often restrict small or minority-owned businesses from securing loans. Through the BMRLF, we offer more flexibility in the terms of the loan, because we are willing to accept more risk than traditional financial institutions.

The BMRLF remains the only micro-lending revolving loan fund servicing the SC Midlands. The unique structure of the loan fund creates opportunities for program partners and funding sources to engage and serve under-served markets

Loan Products

$1,000 - $25,000

A micro-loan can make a big difference to a small and/or    minority-owned business that is building its foundation or is in need of reinforcement. 

Micro Loan

Small Business Loan

$25,000 - $100,000

Range in size $25,000-$100,000

and are designed to assist more mature businesses with a documented operating history of 3 or more years.

Loan Purposes 

The loans can be used for

  • Equipment

  • Inventory purchases

  • Business expansion

  • Working capital

  • Business real estate acquisition

  • Leasehold improvements

For more info

BMRLF Brochure 

How to Apply

1. Complete a Pre-Application


        Pre- Application Form 

2. Contact BMRLF Representative