Small Business Loans - Business Grants for Women - Bad Credit Loans - Minority
Grants - Business Loans for Women
Rhode Island Economic Development
Corporation
Loans and Financing in Rhode Island
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.
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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.
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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.
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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.
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