Working-capital Pilot Program - Providence Business News

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GIVE ’EM CREDIT: Joseph Raycraft, U.S. Small Business Administration’s export finance manager for the New England region, foresees the agency’s pilot “working capital” program enabling many businesses to expand.  COURTESY U.S. SMALL BUSINESS ADMINISTRATION

SBA’s new pilot program a potential line of credit

Economy 09/13/2024

Today, the average annual percentage rate on a new small-business credit card is 17.82%, but that hasn’t stopped roughly 25% of businesses from using...

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FIXER UPPER: Kate Dyl, Newport Heights property manager, stands on a townhouse porch in the affordable housing development in the North End of the city that’s about to undergo a phased-in renovation.  PBN PHOTO/DAVE HANSEN

As R.I. races to build new housing, existing affordable units are...

09/11/2026

KELLY NEVINS is CEO of the Providence-based nonprofit Women’s Fund of Rhode Island, which was founded in 2001.  / PBN PHOTO/ELIZABETH GRAHAM

Shape what’s coming

09/11/2026

FEDERAL CHANGE: Citizens Bank, the state’s largest nationally chartered bank, and other national banks could see some benefit from a new rule issued by federal regulator Office of the Comptroller of the Currency on mortgage escrow accounts.  COURTESY CITIZENS FINANCIAL GROUP INC.

New federal escrow rule could cloud mortgage market 

09/11/2026

NETWORKING PLATFORM: Contessa Brown wanted a place where adults could socialize without the typical nightlife atmosphere after she become a Christian and quit going to bars and nightclubs in 2008. Unable to find many spots to her liking, in 2009 she launched Café S.O.U.L., a community platform providing a networking space for artists, entrepreneurs and wellness advocates. COURTESY CAFE S.O.U.L.

Everybody’s Business: Cafe S.O.U.L. nourishes creative spirit, community

09/11/2026

FASTER ACTION: Johnson & Wales University is one of two Rhode Island colleges that offer three-year degree programs in certain fields of study. The other is New England Institute of Technology. A growing number of U.S. higher education institutions have established three-year programs in recent years.  PBN PHOTO/ANNE EWING

Three-year degrees gain ground on campuses

09/11/2026

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