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RI
Providence Revolving Loan Fund
Local loan financing for Providence businesses and neighborhood economic development projects.
About this program
Providence has used revolving loan resources to support local businesses and economic development projects. Financing can support eligible business growth, job creation, real estate improvements, equipment, and working capital needs in the city.
Eligibility
Providence businesses and eligible economic development borrowers that meet underwriting, location, and public benefit requirements.
Requirements
- Contact city economic development staff for current loan availability
- Submit borrower financials, project budget, business plan, collateral, and job or community impact information
- Meet underwriting, repayment, and compliance requirements