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Rhode Island Small Business Assistance Program

Rhode Island Commerce Corporation (RI Commerce)RI-SBAPRefreshed 1 month ago
Do I qualify?
Max funding

$50K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Low-interest loans and technical assistance for Rhode Island small businesses, including microloans of $5,000–$50,000 for businesses that have been operating for at least 1 year. Supports working capital, equipment, and growth for businesses with fewer than 25 employees.

Key Requirements & Eligibility

  • 125 or fewer employees
  • 2Business must have operated at least 1 year in Rhode Island
  • 3Microloan: $5,000–$50,000 at below-market rates
  • 4Must demonstrate creditworthiness and repayment ability
  • 5Priority for businesses owned by women, minorities, and veterans

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.25 or fewer employees

2.Business must have operated at least 1 year in Rhode Island

3.Microloan: $5,000–$50,000 at below-market rates

4.Must demonstrate creditworthiness and repayment ability

5.Priority for businesses owned by women, minorities, and veterans

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