Lender intelligence
Financing a industrial machinery and equipment merchant wholesalers acquisition in Rhode Island
The SBA 7(a) lenders funding the most industrial machinery and equipment merchant wholesalers acquisitions in Rhode Island, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in industrial machinery and equipment merchant wholesalers · Rhode Island
Ranked by funded industrial machinery and equipment merchant wholesalers acquisitions in Rhode Island. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.31 loans · $24M · Malvern, PAFull record →
2+ funded Industrial Machinery and Equipment Merchant Wholesalers in Rhode Island deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Stud Welding Supply Company in Warwick, RI — $1.1M (2023) · purchase · Customers Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 8% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $789K (75%)
- Approval → funding
- 10 days
- Approved
- 4/25/2023
- First disbursed
- 5/5/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $117K
- Est. cash at closing
- $160K
- Monthly payment
- $12,764
- Annual debt service
- $153K
- Cash flow needed (1.25×)
- $191K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Customers Bank · Lender record →
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- Stud Welding Supply Company in Warwick, RI — $75K (2023) · purchase · Customers Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $38K (50%)
- Approval → funding
- 10 days
- Approved
- 4/25/2023
- First disbursed
- 5/5/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $83K
- Est. down payment (10%)
- $8K
- Est. cash at closing
- $11K
- Monthly payment
- $1,012
- Annual debt service
- $12K
- Cash flow needed (1.25×)
- $15K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Customers Bank · Lender record →
Your business? Claim this record · Request removal
Financing a industrial machinery and equipment merchant wholesalers deal in Rhode Island? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to industrial machinery and equipment merchant wholesalers businesses with a Rhode Island project address.
Agent summary
How to finance a industrial machinery and equipment merchant wholesalers acquisition in Rhode Island with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Rhode Island deals. Customers Bank funds the most here. DealRoom is not a lender.
- $1.0M typical loan
- 1 lenders active in Rhode Island
- 2+ funded Rhode Island deals
- 10 days typical to fund
Buyers buying a industrial machinery and equipment merchant wholesalers in Rhode Island typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.