Areas Served: City of Newport
The Revolving Loan Fund Program is designed to assist small businesses with start-up or expansion activities that will create new jobs or retain existing jobs.
Eligibility requirements are as follows: The applicant business must be located in Newport, Rhode Island; the loan must result in the creation or retention of permanent full-time jobs; the applicant must show that credit is not otherwise available to carry out the activity; must demonstrate the ability to repay and be prepared to offer collateral on the loan and have a financially-sound business plan.
Contact InformationCity of Newport, Rhode Island
Address: 43 Broadway
City: Newport
State: Rhode Island
Website:
http://www.everycompanycounts.com/services/financing/CityofNewport
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