SBA Lenders in Rhode Island
7 SBA-approved lenders headquartered in Rhode Island (RI) plus 9 more that actively fund Rhode Island borrowers. Tell us about your deal and we'll match you with the right capital source.
Who are the top SBA lenders in Rhode Island?
PeerSense tracks 7 SBA-approved lenders headquartered in Rhode Island (RI), plus 9 out-of-state lenders that actively fund Rhode Island borrowers. Top by Rhode Island-specific volume: Citizens Bank, National Association, Shoreham Bank, Independence Bank. Rhode Island HQ lenders have collectively originated $5.2B in SBA volume.
, PeerSense Capital Advisory · Westfield IN · Updated October 1, 2026
Sources: SBA 7(a) & 504 Loan Data, FDIC BankFind
Top SBA Lenders Headquartered in Rhode Island
Ranked by total SBA loan activity. Click any bank for the full profile, NAICS specialization, and franchise lending history.
| Lender | State | Activity | Profile |
|---|---|---|---|
| Citizens Bank, National Association | RI | High Volume | View Profile → |
| Independence Bank | RI | High Volume | View Profile → |
| Shoreham Bank | RI | High Volume | View Profile → |
| The Washington Trust Company of Westerly | RI | High Volume | View Profile → |
| BankNewport | RI | Active | View Profile → |
| Textron Business Credit, Inc. | RI | Active | View Profile → |
| Navigant CU | RI | Active | View Profile → |
Out-of-State Lenders Actively Funding Rhode Island Borrowers
National banks and multi-state regionals frequently fund Rhode Island deals at competitive rates, often with faster underwriting than local-only banks. Ranked by Rhode Island-specific SBA volume.
Webster Bank National Association
HQ CT · 17 RI loans · $8.2M RI volume
Eastern Bank
HQ MA · 46 RI loans · $5.4M RI volume
Brookline Bank, a Division of Beacon Bank and Trust
HQ MA · 39 RI loans · $4.4M RI volume
Bristol County Savings Bank
HQ MA · 16 RI loans · $2.0M RI volume
Santander Bank, National Association
HQ DE · 12 RI loans · $1.3M RI volume
Rockland Trust Company
HQ MA · 7 RI loans · $1.2M RI volume
Community Investment Corporation
HQ CT · 2 RI loans · $340K RI volume
Mechanics Cooperative Bank
HQ MA · 1 RI loans · $280K RI volume
Fall River Five Cents Savings Bank d/b/a BankFive
HQ MA · 1 RI loans · $168K RI volume
Looking for an SBA Lender in Rhode Island?
PeerSense matches your deal with the right capital source from our network of 7+ Rhode Island lenders and hundreds more nationwide. Referral fee established upfront and paid at closing.
SBA Lending in Rhode Island
Rhode Island is home to 7 SBA-approved lenders that have collectively originated $5.2B in SBA loan volume. These lenders serve businesses across the state through the SBA 7(a) and 504 loan programs, providing financing for acquisitions, commercial real estate, equipment, and working capital.
Whether you're acquiring a business in Rhode Island, expanding an existing operation, or purchasing commercial property, SBA financing offers competitive terms with government-backed guarantees. PeerSense analyzes each lender's activity, deal preferences, and specializations to help you find the best fit.
How PeerSense Helps Rhode Island Borrowers
We're a commercial lending advisory firm headquartered in Westfield, Indiana. We structure and place deals across SBA, CMBS, private credit, equipment financing, and more. Our team reviews your transaction, identifies the right capital sources, and makes warm introductions to lenders actively funding deals like yours. Most clients hear back from a PeerSense advisor after the file is on the desk.
Talk to PeerSense about SBA capital in Rhode Island.
Tell us your loan amount and use of funds. PeerSense sources capital for a Rhode Island deal, local or national.
SBA 7(a) / 504: The desk will reach out. No obligation.
Other Capital Programs for Rhode Island Borrowers
PeerSense covers the full commercial capital stack for Rhode Island operators, beyond SBA. Compare current rates and structures.
Originator warehouse
$100M a monthFocus $100 million a month. Will look at $10 million a month. $10 million is not the focus.
Invoice Factoring
0.5–3.5% / 30dB2B invoices from $20 million a month. Advance 80 to 95 percent of face.
CMBS Conduit
5.60–7.10%10 year Non Recourse fixed, $10 million and up, fully assumable
Bridge Loans
9.00–14.00%$10 million and up. Cash in about 35 percent. Name the takeout first.
Data Center
CRS to 89%$1 billion to $30 billion plus. Signed or guaranteed hyperscaler lease.
Contracted revenue sale
Up to 89%15 year lease signed or guaranteed by a hyperscaler. Size follows the lease.
Hotel Financing
SearchHotel is search only. Public floor $10 million and up. Cash in about 35 percent.
Private Credit
7.80–18.00%Non-bank flexibility. Public CRE floor $10 million and up.
DSCR Investor
SearchSearch path. Public CRE floor $10 million and up.
Indicative only, as of September 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Explore More PeerSense Resources
SBA 7(a) & 504 Programs
Rates, eligibility, structure, down payment
Full Lender Directory
Browse all 899+ SBA lenders nationwide
Best SBA Lenders 2026
Ranked by volume, speed, and credit-box fit
SBA by Industry
Lender preferences across 99+ NAICS codes