EDA works closely with New Jersey’s banking community to provide assistance to manufacturing, small business, mid-sized business, and not-for-profit organizations through the State’s business lending and bond financing programs. The success stories that follow are a sampling of how our partnerships with commercial banks help them to build customer relationships and reduce their risk, while fueling economic growth, job creation, and job retention throughout New Jersey.

National Mill Industry

EDA provided this wholesale distributor of women's apparel with a $966,665 participation in a $3.8 million TD Bank loan through the Main Street Business Assistance Program.

 

MamaMia Produce

EDA provided this East Rutherford-based distributor of fresh produce with a $250,000 guarantee of a $2.8 million Provident Bank mixed credit facility through the Main Street Business Assistance Program.

Specialty Vehicle Solutions

Preferred lender TD Bank and EDA worked in partnership to provide this manufacturer of government vehicles with a $810,000 TD Bank loan supported by a $180,000 EDA participation.

Sequin City

 

Raymond Hill, President of Sequin City, discusses how the NJEDA provided financing to assist his small business.

 

Click to Take Action Now

The New Jersey Economic Development Authority (EDA) can assist you with offering the best services to your clients through access to financial programs available to companies located in, or seeking to relocate to New Jersey. Call us for more information or sign up for our newsletter to learn more about new programs, upcoming events, and success stories.

CALL 1-866-534-7789
Stay Connected-sign up for our newsletter: