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NJ
NJ LEND – New Jersey Loan Expansion and Network Development (Transportation)
Three-year pilot loan program offering up to $5 million to NJ transportation and logistics businesses for commercial real estate, equipment, or working capital.
About this program
Visit the program website for full details.
Eligibility
For-profit or nonprofit NJ businesses with no more than 750 New Jersey employees. Eligible uses include purchasing or refinancing commercial real estate, acquiring equipment (including vehicles), or working capital.
Requirements
- Must be a New Jersey-based for-profit or nonprofit business
- No more than 750 New Jersey employees
- Loan must be used for commercial real estate, equipment, or working capital