Areas Served: City of Bridgeton
The City of Bridgeton, New Jersey offers a business development fund.
Eligible Borrowers: Business must be located within the Bridgeton Urban Enterprise Zone and must be UEZ certified.
Loan Amount: – Minimum – $5,000 – Maximum – $100,000 – Loan will pay 25% of project costs.
– Micro-loans are available for existing businesses.
– Up to $20,000 with no required match.
– Loans over $100,000 may be approved with special permission.
Estimated Interest Rate: For more information, please call (856)451-3407. Terms: Payable 5 to 15 years.
Permitted Uses: – Acquisition of real estate property, when rehabilitation or new construction will occur as a result of acquisition.
– Construction of improvements to existing structures.
– Construction of new structures and related facilities designed to carry out or expand business or industrial activities or machinery.
Contact InformationCity of Bridgeton, New Jersey
Address: 181 E. Commerce St.
City: Bridgeton
State: New Jersey
Website:
http://www.co.cumberland.nj.us/content/165/5172/5972/default.aspx
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