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  • The Business Development Company Announces a New Member Bank Relationship with Bristol County Savings Bank

    The Business Development Company of Rhode Island (BDCRI) announced Bristol County Savings Bank (BCSB) as its newest partner, joining 10 existing member banks in providing local small businesses with the funding needed to grow and prosper.

    The BCSB-BDCRI partnership was initiated in conjunction with the Bank’s commitment to expanding its lending presence to Rhode Island, and it further leverages the Company’s commitment to expanding capital access to businesses whose needs may fall outside the traditional box.

    Bristol County Savings Bank will be represented on the BDCRI Board of Directors by Hasan Ali, Senior Vice President in Commercial Lending, who leads the Rhode Island and Attleboro, Massachusetts lending teams out of the bank’s Warwick loan office.

    “Hasan has a hands-on understanding of our role in complementing the bank financing available to small businesses and joins a board that respects small business as an economic engine in the local economy”, said BDCRI President, Peter C. Dorsey, Jr.

    About The Business Development Company of Rhode Island
    The Company provides term and capital loans to support small business growth and job creation when businesses cannot obtain all of the funding needed through traditional banking sources. Working in partnership with member banks, BDCRI serves Rhode Island, and nearby Massachusetts and Connecticut.

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