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NJ
Small Business Fund
Flexible financing of up to $500,000 to support early-stage and established NJ small businesses and nonprofits. Funds working capital, equipment, and owner-occupied real estate.
About this program
Connect with area NJEDA Business Banking Representative by county to start. Cannabis businesses ineligible.
Eligibility
NJ-based small businesses in operation at least 1 year with revenue ≤$3M; nonprofits in operation at least 3 years. Must demonstrate 1.0x debt service coverage ratio. Must be able to provide fixed assets as collateral. Home-based businesses ineligible. Cannabis license holders ineligible. Priority for minority-owned and women-owned businesses.
Funding Categories
Working Capital / Fixed Assets