Designing One's Way to Success
Providence-based Item Group, a leading product design and development firm that was preparing to obtain permanent equity capital to support ambitious development plans, needed short-term funding to sustain its rapid growth in the meantime.

The BDCRI assisted with gap financing in the form of subordinated debt, which served as an interim bridge loan. Read more

Digital Technology Provider Ready to Grow
Narragansett Technologies, a leading manufacturer of digital camera modules and medical imaging tubes, responding to new business opportunities, needed to ramp up production to support its market expansion plans.

The BDCRI assisted by providing mezzanine financing in the form of a term loan. Read more

Financing Entry into a New Market
Is it possible for an 85-year-old Rhode Island textile company to build on its past while forging into new markets?

The BDCRI said yes. Read more

Local Company Sells to the Fortune 1000
A Providence-based provider of technology and business services that helps large companies improve their channel sales and service performance was looking to further penetrate the Fortune 1000.

A BDCRI term loan made it happen. Read more

Mezzanine Financing for a Local Company
To compete and win in the highly competitive infant product market takes good design, a good growth plan, and the right financing.

The BDCRI stepped in with $1 million in mezzanine financing. Read more

Moving from China to Rhode Island
Many companies relocate manufacturing operations to China, but a Rhode Island company wanted to bring some of its manufacturing capacity from China back to North Smithfield.

BDCRI helped by providing a term loan. Read more

Rock Solid Team Builds Stone Business
An innovative technology-based approach to a well-established industry, plus agile management and marketing ingenuity, is helping Saint John Stone forge a new market that is taking off across the U.S. and internationally.

The BDCRI is helping to fuel rapid growth for the North Kingstown slab and specialty tile company by providing mezzanine capital. Read more

Search Engine Searches for Funding
A company operating a real estate website that was attracting a strong following in this highly competitive field knew it needed more than a superior quality product in order to grow.

It developed a plan that included financing from the BDCRI. Read more

Succeeding in a Highly Competitive Market
What would it take to launch a new, high-quality drink mixer in a highly competitive market — and succeed?

The right financing. From the BDCRI. Read more

Successful Record Leads to New Funding
A holding company with subsidiaries that have been in business for more than a century, and which had previously borrowed from the BDCRI, was looking to grow again.

The BDCRI decided to assist once more. Read more

Supply Chain Management Is a Win-Win
A Rhode Island company with a technology that helps large retailers and manufacturers manage their supply chains saw the chance to serve a growing market.

The BDCRI saw the same thing and supplied needed financing. Read more

Sweetening the Deal
Following strong sales over the last few years, Island Desserts, a specialty dessert company, wanted to launch a frozen product line as part of an ambitious growth plan. After securing senior debt, the company still needed more funding to accomplish this.

The BDCRI sweetened the deal by providing a $350,000 junior subordinated term loan. Read more