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Providence Revolving Fund
Providence Revolving Fund
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
30 min
Can you get this?
✓Small business with 10 or fewer employees
✓Loans up to $5,000 available
✓Funds working capital, expansion, inventory, or startup costs
Your real odds
No public data on approval rates or number of awards is available, so you are working blind on competitiveness.
As a CDFI microloan program, the underwriting is more accessible than a traditional bank, but PRF does not disclose how selective they are or how many loans they make.
What it takes
Review eligibility and loan uses30 min
Contact PRF to start the loan process1 to 2 days
Submit application with business documents1 to 2 wks
Worth knowing
PRF explicitly lists startup costs as a qualifying use, which puts very early-stage founders in scope here when most small business lenders would turn them away.
What else do you qualify for?
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