Short-term purchase + rehab bridge loans for investors flipping properties in Rhode Island. Rates 9.5–12%, up to 100% loan-to-cost for premier borrowers, and 100% of your rehab budget financed via draws. Close in as little as 72 hours with clear title. SLA Capital has closed deals across every Rhode Island metro.
SLA Capital — a Sir Lends A Lot LLC Company
A Fix and Flip loan is short-term bridge financing used to purchase and rehabilitate a distressed property before selling or refinancing it. Loan size is anchored to the property's after-repair value (ARV) — not its current condition — so investors can finance both the acquisition and the renovation on a single loan. Rehab dollars are disbursed via draws as work is completed and inspected.
Rhode Island packs a lot into a small footprint: Providence university density drives constant rental demand, Newport supports high-value STR, and the state has become a Boston-metro spillover for cost-conscious commuters.
Providence hosts Brown University, RISD, Providence College, and Johnson & Wales. Deep student and post-grad rental demand year-round.
Newport is one of the most active summer STR markets in the Northeast where zoning permits. Our DSCR program supports STR income scenarios.
Providence has emerged as a real Boston-metro spillover market as Massachusetts rents rise. Rental demand from Massachusetts commuters stays consistent.
Whether you're closing a single-asset SFR in a smaller Rhode Island market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:
Providence + Cranston + Warwick + Pawtucket
Newport County — LTR + coastal STR corridor
Providence County — Northern RI SFR
Providence County — cross-river market
Providence County — largest Providence suburb
Washington County — URI + South County beach
East Bay coastal SFR
Statewide coverage — send us any Rhode Island property
Same nationwide program, no state-specific surcharges.
Close in as little as 72 hours with clear title. The fastest funding in the field when your deal needs to move.
Points range 1–4. Transparent up-front pricing — no bait-and-switch, no surprise fees at the closing table.
Premier repeat borrowers qualify for up to 100% loan-to-cost. First-timers welcome — LTC scales with experience.
Full rehab budget financed and disbursed via draws after inspection. Photos + invoices approve same-day through our platform.
Choose the term that fits your project. Extensions available on active deals.
Loans from $55,000 up to $3,000,000. From cosmetic flips to full gut jobs across Rhode Island.
Yes. SLA Capital funds Fix & Flip bridge loans throughout Rhode Island — Providence Metro, Newport, Woonsocket, East Providence, Cranston, and every other RI metro. Rates 9.5–12%, up to 100% LTC for premier borrowers.
As little as 72 hours from application to funding when the title is clear and the file is complete. Average close across all Rhode Island Fix & Flip loans is 7–10 days.
SLA Capital finances 100% of rehab costs on Rhode Island Fix & Flip loans. Funds are disbursed via draws after inspection of completed work. Photo-and-invoice draw requests run through our platform for same-day approvals.
Every Rhode Island metro. High-volume markets: Providence Metro, Newport, Woonsocket, East Providence, Cranston. Secondary markets welcome — send us any Rhode Island property.
Rhode Island packs a lot into a small footprint: Providence university density drives constant rental demand, Newport supports high-value STR, and the state has become a Boston-metro spillover for cost-conscious commuters.
Send us the property. Our sizer returns a real term sheet in minutes.
Long-term rental financing for Rhode Island investors. Rates from 5.75%, up to 80% LTV, 3-month seasoning on cash-outs.
Ground-up construction loans for Rhode Island builders. 85% land + 85% build. $100K–$7.5M.