The Credit Builder Secured Savings from CommunityWorks

The Credit Builder Secured Savings from CommunityWorks

The Credit Builder Secured Savings is for business owners looking to: 

  • Build both personal and business credit
  • Create savings for their business 
  • Generate a return on your investment 
  • Prepare for future financing 
  • Access both Financial and Business Coaching (FREE) 

 How does it work? 

  • If approved, we will close the loan and hold the funds in an escrow account for the life of the loan.
  • You make monthly payments into a Secured Savings account for loans from $500 to $1,000 for a full 12 months at a fixed rate of 2.00% based on room in a household budget for a savings payment.
  • We report your loan to TransUnion, Equifax, Experian, and Experian Business credit bureaus
  • You will complete a Financial Wellness Assessment with our certified financial coach.
  • Following your final payment, we will send you the amount you’ve saved, including a 50% match on your investment.

How do I qualify?

  • Be a resident of the state of South Carolina.
  • Be a business owner of at least 20% of the business.
  • Provide 3 months of personal bank statements (positive balances, no overdrafts or NSF fees)
  • Provide 3 months of business bank statements, if available (Free Business EIN number from is needed for a business bank account). An active Business bank account is required.
  • Provide Personal Cash Flow Form (We have a secure online portal for your financial information)
  • Provide Verification of Personal Income (paystub, annual benefits letter, etc.)
  • Don’t be involved in any bankruptcy proceeding – any chapter bankruptcy must be discharged for at least 18 months


If you have any questions, contact Edris Tucker, AFC® at 864-235-6331 ext 541 or at