Loans
MIDC provides
creative financing in amounts from $2,000 to $250,000 for
start-ups and existing business. The Rhode Island Coalition
for Minority Investment offers start-up and existing small
businesses access to capital through the SBA MicroLoan
program. For information on the RICMI and to apply for
the MicroLoan click here.
Type of Loans We Provide
| Working Capital |
For inventory, payroll, and operating
expenses |
| Capital Assets |
For equipment, furnishings, fixtures,
and leasehold improvements |
| Business Acquisitions |
For purchasing an existing business |
| Start-ups |
For the establishment of a new business |
| Commercial Real Estate Financing |
For purchasing land and buildings |
| Mixed-use Commercial Real Estate Loan |
For Purchasing or improving the Commercial Real Estate in which you operate with rental income.
For more specific contact Dave Leaver |
How to Apply for a MIDC
Loan
|
