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RI

Providence Business Loan Fund

City-backed small business loans for Providence companies needing working capital, equipment, or expansion financing.

About this program

The Providence Business Loan Fund provides access to capital for small businesses located in Providence. The fund can support working capital, equipment, inventory, leasehold improvements, and other eligible startup or expansion uses that strengthen local business activity.

Eligibility

For-profit small businesses located in Providence that meet program underwriting, eligible use, and repayment requirements.

Requirements

  • Submit loan inquiry or application to the city or program administrator
  • Provide business plan, financial statements, tax returns, credit information, collateral, and use-of-funds detail
  • Meet underwriting, repayment, and local business eligibility requirements