Rug Pad USA Partners with CIC and Webster Bank for $10M Purchase
Rug Pad USA manufactures custom-cut pads for carpet, laminate, tile, and other types of flooring. Their products are sold worldwide through their website, as well …
Category: Borrower Stories
Small and medium-sized businesses that used SBA loans for success.
Now Playing in Guilford!
Congratulations to Deke Haylon on the opening of his second Deke’s Bagels shop! Deke’s first location, in Niantic, opened in 2015 as the very first …
Minority-Owned Small Business of the Year
Congratulations to Juan Lantigua, owner and founder of The Family Cake in Providence, Rhode Island, for winning the 2020 Minority-Owned Small Business of the Year …
Love, Comfort, and Covid
What happens when you combine a love for food, a global pandemic, and the undeniable comfort that’s found at the bottom of a pastry box? …
A Revolution in Chocolate
Last year, our lending team was introduced to an entrepreneur in the Providence, Rhode Island area who had a passion for chocolate. It wasn’t the …
Olive & Henry to Open with a Microloan
Microloans are ideal for small food businesses, especially start-ups. In the case of Olive & Henry, a microloan from CIC was used to launch the …