Commercial Loan Program

The City of East Providence offers a low interest (20 percent below the prime rate) loan program for either commercial or industrial businesses to finance the acquisition, construction and improvements of land or buildings and for the purchase of capital equipment. The Commercial Loan Program is available to business currently located in or relocating to East Providence and provides funding from $10,000 to $100,000, at a variable rate adjusted annually, with a maximum payback term of 15 years.

For more information, please contact the Department of Planning at (401) 435-7531 ext. 11153.