Areas Served: Hudson County The Business Loan Program provides below-market funding to small businesses in Hudson County, New Jersey. These loans are blended to the Prime Rate. Loans vary between $25,000 and $100,000 and may be used for working capital, purchase of inventory, machinery/equipment, and building acquisition and expansion. Repayment terms are flexible and can
Read MoreAreas Served: Union County New Jersey Exclusive to Union County New Jersey businesses, UCEDC offers credit lines ranging from $5,000 to $15,000. Available to both start-up and existing business owners, the Line of Credit can be used to purchase supplies or inventory, finance accounts receivable, or augment seasonal working capital. Interest rates are fixed at
Read MoreAreas Served: City of Millville City of Millville offers loan programs for businesses in Millville, New Jersey. Economic Stabilization Loan Program Eligible Borrowers: Businesses located in the Downtown Arts District. Loan Amount: Up to $15,000 Terms: 5 years – 1st year interest only, 4 years P & I Permitted Uses: Working capital and any operating
Read MoreAreas 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
Read MoreAreas Served: Statewide New Jersey UCEDC’s First Steps’ child care loan program provides short term loans to both home and center-based child care operations, including centers operated by non-profit organizations in New Jersey. Funding is available for both start-up and existing centers. Funds may be used for supplies or equipment; staff training or conferences; health
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