Helping Rhode Island Businesses Grow and Create Jobs

Through the State Small Business Credit Initiative (SSBCI), RI Capital partners with lenders to provide $100,000 to $3 million in competitive financing for businesses with fewer than 500 employees.

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company INTRODUCTION

At BDC Capital, we recognize that no single financing solution fits every business need. That's why we've developed a comprehensive network of specialized lending partners to provide New England businesses with access to the complete range of financing programs. Whether you need long-term, fixed-rate SBA 504 financing for commercial real estate, CDFI loans for minority-owned businesses and underserved communities, our family of companies and partnerships ensures you have the right financing solution for your business situation.

WHY BDC CAPITAL

More than just direct lending

Complete Solutions

Our partner network means you access multiple financing programs through one trusted relationship—we guide you to the right solution for your specific needs.

Specialized Expertise

Each partner organization brings deep expertise in their specific lending programs, ensuring you receive knowledgeable guidance and optimal loan structures.

72-Year Reputation

Our long-standing presence in New England and relationships with over 100 financial institutions means our partners have the credibility and experience you can trust.

Our process for financing success

WHY BDC CAPITAL

More than a lending partner

SBA 504 Loans

CDC New England. For long-term, fixed-rate commercial real estate financing with as little as 10% down, CDC New England is New England's only Premier Certified SBA 504 lender. They offer 25-year fixed rates, up to 90% financing for real estate and equipment, bridge financing to start projects immediately, and refinancing with cash-back options for expansion.

CDFI Loans

BDC Community Capital Corp. For minority-owned businesses and companies located in or impacting low-to-moderate income communities, BDC Community Capital Corp. provides CDFI loans from $50,000 to $5 million with specialized support, flexible underwriting, and mission-driven lending focused on economic development in underserved communities.

Rhode Island SSBCI Program

Rhode Island Capital Corporation. Rhode Island businesses with fewer than 500 employees can access participating loans from $100,000 to $3 million through the State Small Business Credit Initiative. This program reduces lender risk and provides attractive terms while supporting job creation and retention throughout Rhode Island.

Integrated Expertise

Our partner organizations share BDC Capital's commitment to New England businesses, local decision-making, and flexible financing solutions. Together, we provide a comprehensive ecosystem of business lending options.

One Point of Contact

Rather than navigating multiple lenders and programs independently, you work with BDC Capital to identify the right solution and receive guided introductions to appropriate partners within our network.

Frequently asked questions

How do I know which BDC Capital partner program is right for my business?

Contact BDC Capital directly and we'll evaluate your financing needs, business situation, and qualifications. We'll guide you to the optimal program—whether direct BDC Capital lending or one of our specialized partners—based on your specific circumstances.

What are SBA 504 loans and how do they work?

SBA 504 loans through CDC New England provide long-term, fixed-rate financing for commercial real estate and equipment purchases. Typically, a bank provides 50% of the project cost, CDC New England provides 40% through an SBA-backed debenture, and the borrower contributes 10% equity. Rates are fixed for up to 25 years with low down payments.

What makes CDC New England's SBA 504 program unique?

CDC New England is New England's only Premier Certified SBA 504 lender, meaning they can approve loans unilaterally without waiting for SBA approval. This dramatically reduces processing time and provides certainty in competitive real estate transactions.

Who qualifies for CDFI loans through BDC Community Capital Corp.?

CDFI loans are available to minority-owned businesses and businesses located in or impacting low-to-moderate income (LMI) communities throughout New England. The program provides flexible financing from $50,000 to $5 million for businesses that may face barriers in accessing traditional bank financing.

What is Rhode Island's SSBCI program?

The State Small Business Credit Initiative (SSBCI) enables Rhode Island businesses with fewer than 500 employees to obtain participating loans from $100,000 to $3 million. By partnering with financial institutions and reducing lender risk, the program provides competitive terms and lower down payments while creating and retaining jobs in Rhode Island.

Can I work with multiple BDC Capital partner programs?

Absolutely. Many businesses utilize different programs for different financing needs over time. For example, you might use CDC New England's SBA 504 program for real estate, BDC Capital's mezzanine capital for a business acquisition, and asset-based lines of credit for working capital. We coordinate across our network to provide comprehensive solutions.

Find the perfect financing solution for your business

Explore our complete network of lending programs and partners

Get Financing