R.I. Gen. Laws § 42-64.25-5: Program loan structures.
Where this section sits in the code
- Title 42 State Affairs and Government
- Chapter 64.25 Small Business Assistance Program
Loan programs shall be structured by the commerce corporation that may include, but not be limited to, the following programs: (a) financing programs for companies that require additional capital outside of conventional senior debt or equity financing channels; (b) direct lending of subordinated and mezzanine debt; (c) collateral support in the form of credit enhancement; (d) pledge of cash collateral accounts to lending institutions to enhance collateral coverage of individual loans; and (e) technical assistance to small businesses.
Collected 2026-09-05T20:00:01Z. Source file · JSON