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FEDERAL
SBA 504 Loans for Manufacturers
SBA 504 loans provide long-term fixed-rate financing for major fixed assets, with higher maximum debenture amounts available for qualifying manufacturers.
About this program
Visit the program website for full details.
Eligibility
Eligible small manufacturers in Rhode Island may use SBA 504 financing through a Certified Development Company and lender for owner-occupied real estate, major equipment, construction, renovation, or expansion.
Requirements
- Operate as an eligible small business under SBA size and ownership rules.
- Use proceeds for eligible fixed assets such as real estate, construction, renovation, or long-life machinery and equipment.
- Apply through a participating lender and Certified Development Company.