Tag: loans
Report: R.I. comprised of mostly small, micro businesses
PROVIDENCE – The smallest state in the nation is powered by small businesses.
Nearly 99% of Rhode Island’s businesses are small businesses or micro businesses,...
14,000 loans later, Capital Good Fund still aiming to do good
Sherlie Martinez had just given birth to her daughter, but the single mother was struggling to keep up with her bills and was racking...
Webster Bank parent sees profits rise 35% in 2023 but decline...
STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $867.8 million profit in 2023, marking a 34.7%...
Fear grows about reduced ability to access capital
When Bacary Diatta moved from Senegal to the United States in 2018, he knew he wanted to start a business that would add value...
Fed unleashes another big rate hike but hints at a pullback
WASHINGTON (AP) – The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time to...
R.I. Infrastructure Bank finances $122M in grants, loans in FY 22
PROVIDENCE – The Rhode Island Infrastructure Bank financed more than $122 million in low-interest loans and grants in fiscal year 2022, according to an...
BankNewport opens Warwick branch
NEWPORT – BankNewport has come to Warwick, commemorating the opening of its newest branch with a ribbon-cutting event on Nov. 30.
The new branch at...
Bank of America triples investment in homeownership grant and loan programs
PROVIDENCE – Bank of America Corp. plans to triple the grants, low-interest loans and financial education programs for low- to moderate-income homebuyers, the bank...
Need a stimulus?
Is another round of federal funding and support needed for your business?
Yes: 57%
No: 43%
Did your company benefit from a previous round of federal aid...
Centreville Bank opens Providence loan production office
PROVIDENCE – Centreville Bank opened its first self-standing loan production office in downtown Providence on Aug. 18, according to a news release.
The office at...
- Featured Event -
