JERSEY CITY ECONOMIC DEVELOPMENT CORPORATION
EDA RLF LOAN PROGRAM
The JCEDC EDA RLF Loan Program offers loans up to $25,000 for up to 6 years at a 4.5% interest rate. Eligible businesses can use funds for equipment, marketing, leasehold improvements, and working capital.
Loan amount up to $25,000
Term: up to 6 YEARS
Interest Rate: 4.5%
Minimum credit score of 600 required
Collateral Required, including a Personal Guarantee of the Principal(s).
Eligible uses for loan funds:
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Equipment purchase
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Marketing/ Advertising
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Leasehole Improvements and renovations
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Working Capital (including but not limited to, payroll, expenses, operational expnses (including rent, inventory and/or supplies)
Non-profits are not eligible for this loanClick t
To download the application, please click the icon below.
Loan Payments
You can conveniently make your loan online, or by mailing them to our office.
Important Notice for Clients Using PayPal:
Please be aware that PayPal deducts a processing fee from your loan payment. To avoid this charge, adjust your payment accordingly.
If you prefer not to pay the fee, you may send your loan payment(s) directly by mail to:
JCEDC
PO Box 8073
Jersey City, NJ 07308
