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RI
Rhode Island Commerce Small Business Assistance Program
State loan guarantees and credit support for Rhode Island small businesses that cannot access traditional financing.
About this program
The Small Business Assistance Program helps Rhode Island small businesses obtain financing through partner lenders by offering credit support and flexible lending tools. Cranston businesses may use the program for working capital, equipment, inventory, and growth needs.
Eligibility
Rhode Island small businesses that meet lender and program eligibility and need capital not otherwise available on reasonable terms.
Requirements
- Apply through a participating lender or program partner
- Provide business financials, use-of-funds details, ownership information, and underwriting materials
- Meet program, lender, repayment, and reporting requirements