Microloans

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? You get the birth of a unique and wonderful bakery! In this case, Blush Bakeshop in Providence, Rhode Island, started with all of the above and a Microloan from CIC. […]

As you know, the SBA has stepped up in a big way to assist small business owners (and their employees) impacted by the COVID-19 shutdown. Many in CT and RI have taken advantage of SBA loan programs funded through the CARES Act (EIDL and PPP). Despite best efforts to get cash into the hands of […]

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 kind of passion that the everyday, regular person has, it was deeper — more like the feeling a wine connoisseur gets from a vintage bottle that’s been perfectly stored and […]

Mystic Chocolate is a food business that just happens to specialize in confections. The owners, Bill and Casey Gash, combined their creative passions with a microloan from CIC, and they took Mystic Chocolate from the world of traveling farmers’ markets, to a brick & mortar shop in dowtown Mystic. Businesses come and go. How on […]