Ocean State Business

Development Authority, Inc.

SBA 504 Loan

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Are You a Growing Business ... Looking to Expand?

Ocean State Business Development Authority, Inc. is a Certified Development Company, licensed and regulated by the US Small Business Administration (SBA) (a federal agency) to make 504 loans in a specific geographic area. OSBDA serves the entire state of Rhode Island as well as contiguous areas in Connecticut and Massachusetts and has been providing 504 loans to borrowers since 1980. OSBDA’s role is to help small businesses access long-term fixed-asset financing in partnership with the private sector, usually a financial institution. OSBDA processes, closes and services the loans.