RI CAP for Businesses Impacted by Newport County Gas Outage
Many small business owners in Newport County are among the 7,000+ people affected by the gas outage that is expected to last 7 days. The Rhode Island Capital Access Program (RI CAP) can offer these community businesses financial options and accessible capital as they work towards recovery.
For businesses in Newport and Middletown, RI CAP is a great option for those who may need increased capital or credit lines due to their businesses being shut down or impacted. Businesses looking for this assistance can go directly to any local bank or credit union participating in the RI CAP program. Those 20 lenders include:
Bristol County Savings Bank
Freedom National Bank
Greenwood Credit Union
Home Loan Investment Bank
Mechanics Cooperative Bank
Navigant Credit Union
Pawtucket Credit Union
Peoples Credit Union
Rhode Island Capital Corp.
Savings Institute Bank & Trust
Washington Trust Company
Westerly Community Credit Union
RI CAP is part of Commerce RI’s Small Business Assistance Program (SBAP) with funding from the State’s Treasury. BDC Capital, and its affiliate RI Capital, administers the Program. RI CAP is a resource and option available to these businesses at this difficult time, especially with the added challenges of operating a small business in the face of being without gas for heat and power.
Business owners who need further information on lenders can contact: