Rhode Island Economic Development Corporation

RIEDC offers financing programs for businesses in all phases of development. From small business loans to expansion financing, RIEDC can assemble a complete financial package to meet your business needs. RIEDC also serves as a clearing house for special business and tax incentives available through the state, streamlining your access to all of the benefits available to companies locating or expanding in Rhode Island.

• R.I. Industrial Facilities Corporation

  Tax Exempt Bonds: RIIFC issues tax-exempt revenue bonds for companies exploring various manufacturing projects with a $20 million maximum limit per project. Taxable Bonds: For businesses that want to branch out into a commercial enterprise, including building tourist-travel facilities, RIIFC offers taxable bonds.

• Small Business Loan Fund

  For smaller businesses looking for a direct, fully-secured loan, the Small Business Loan Fund provides up to $500,000 for manufacturing businesses and $250,000 for non-manufacturing businesses.

• Micro-Business Emerging Growth Fund

  Very small scale or micro-business entrepreneurs have unique challenges in getting started, financing and growing. The micro-business loan program assists start-up or existing businesses that employ less than five people and generate less than $500,000 in annual revenues.