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New Jersey Economic Recovery Fund Loans

New Jersey Economic Development Authority (NJEDA)NJ-ERFRefreshed 1 month ago
Do I qualify?
Max funding

$2.0M

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Direct loans and loan guarantees from NJEDA for small and mid-size New Jersey businesses that cannot access conventional financing. Loans of $50,000–$2 million at below-market rates for working capital, equipment, real estate, and business acquisition.

Key Requirements & Eligibility

  • 1New Jersey-based business
  • 2Annual revenues under $10 million (standard program)
  • 3Loan: $50,000–$2 million at below-market interest rates
  • 4Must demonstrate creditworthiness and business viability
  • 5Priority for businesses in underserved communities

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.New Jersey-based business

2.Annual revenues under $10 million (standard program)

3.Loan: $50,000–$2 million at below-market interest rates

4.Must demonstrate creditworthiness and business viability

5.Priority for businesses in underserved communities

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