Banking & Finance

LendingTree Inc. acquired the Charleston-based small-business lending platform for $12 million at closing and up to $9 million in contingent consideration. SnapCap, founded in 2012, quickly approves loans for small businesses. … Read More

Sixty S.C.-based companies made the Inc. 5000, which ranks the fastest-growing private companies in the state. The top three in the state — Advanced Packaging Solutions & Products, SnapCap and LAM Services — are based in the Lowcount … Read More

Good Growth Capital has launched with the goal of raising $20 million to invest in startups. The Charleston-based venture fund plans to “invest substantially” in early stage technology companies throughout the Southeast. … Read More

Wind and water damage caused by Hurricane Matthew in October totaled about $10 billion, making Matthew the 10th most destructive hurricane to impact the United States, according to a report Monday by the National Hurricane Center. … Read More

Carolina Financial Corp., the parent company of Charleston-based CresCom Bank, is offering more than 1.5 million shares of its common stock to the public for $28 per share. Net proceeds are expected to total about $41.5 million. … Read More