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Cranston Economic Development Program Business Loan Program

City business loan financing for eligible Cranston businesses seeking capital for startup, expansion, equipment, or working capital.

About this program

The Cranston Economic Development Program includes a business loan program for local businesses. Financing can help eligible firms with working capital, equipment, inventory, leasehold improvements, business expansion, and other economic development uses.

Eligibility

For-profit businesses located in or expanding in Cranston that meet program underwriting, eligible use, and repayment requirements.

Requirements

  • Submit the Cranston Economic Development Program business loan request form
  • Provide business plan, financial statements, tax returns, use-of-funds details, collateral, and ownership information
  • Meet underwriting, repayment, and local economic development requirements