Ocean State Business Development is a nonprofit corporation based in Providence, Rhode Island, that specializes in providing low-rate business loans to small businesses in Rhode Island, Massachusetts, and Connecticut. With over 40 years of experience, they offer expertise in assisting businesses in acquiring quality loans at the lowest possible rates, along with advice, training, and other valuable resources to help businesses grow and succeed.
As a Certified Development Company (CDC) operating under the US Small Business Administration 504 Program, Ocean State Business Development aims to contribute to the economic development of local communities by providing financing for the purchase of fixed assets at a fixed rate throughout the entire life of the loan. Their professional team prides themselves on customer service and effective communication with banks and borrowers, ensuring satisfaction throughout the loan application and closing process.
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