Every entrepreneur or business owner who needs additional resources to help them grow their businesses will be able to participate in this program. After completing the application, you will go through an evaluation process by the Rhode Island Hispanic Chamber of Commerce. Loans will be executed by Navigant Credit Union.

 

Dates:

Feb – Apr: Businesses with less than 3 employees / annual income lower than $25,000

May – Aug: Businesses with less than 6 employees / annual income lower than $50,000

Sep – Dic: Businesses with less than 10 employees / annual income lower than $100,000

Requirements / Conditions:

  • Be a paying member of the Rhode Island Hispanic Chamber of Commerce
  • Be registered in the Municipality / Secretary of State / Have a License (all that apply)
  • Annual Income – proof will be required
  • Indicate if you have a SSN (Social Security Number) / ITIN (Individual Taxpayer Identification Number) – proof will be required
  • Present the reason why you need the loan
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