All Pete Silva wanted was to get in the game.

As the owner of Quonnie Bait & Tackle, Silva was seeking a loan that would enable him to purchase the property the business had been leasing. Owning the property outright would open new doors for the development of the outdoor and sporting goods company, and create exciting new opportunities for future expansion.

Silva sought the support of the RISBDC to learn about financing opportunities and prepare an attractive loan package. According to Silva, advisor Josh Daly walked him through the lending process, provided trusted counsel that helped him obtain the needed financing, and genuinely celebrated his success. Out of all the assistance his business has received, Silva states the best has been the no-cost business counseling and resources provided by the RISBDC. 

Quonnie Bait & Tackle offers a full range of outdoor products and services in Charlestown, including fresh and frozen bait, clamming and fishing licenses, rod and reel repair, clam rakes, gear, and more. Through the assistance of the RISBDC, they were able to open a second branch in Westerly.

To learn more about Quonnie Bait & Tackle, visit their website at QuonnieBaitAndTackle.com.