We currently offer these loan products through our partners

 #1 / The Jersey City Fund


A SBA Community Advantage loan with amounts from $25,000 to $250,000. These loans are made for start-ups, early-stage and mature businesses, with an emphasis on minority- and women-owned businesses. The loans may be used for a range of purposes including purchasing new equipment, increasing inventory, hiring new workers, refinancing and more.


  • Term: Varies; 5-10 years
  • Interest rate: Varies
  • Collateral requirement: Yes
  • Application fee: Varies; $500-$1,500


A minimum credit score of 640 is required for approval.


If you are interested in applying for this loan and would like an initial review of your loan request, please provide a business plan and two years of tax returns for all owners of the business by email to Florence Baron at FBaron@jcedc.org & Shannon Mitchell at SMitchell@jcedc.org 

#2 / Pursuit Community Finance

This loan provides up to $100,000 through a streamlined online platform. It is fast and easy. In just 20 minutes, you can submit all of the information needed to evaluate and process your small business loan application.

Learn more at https://pursuitlending.com/community-finance/



#3 / Take advantage of being a certified UEZ Business

If your business is located in an Urban Enterprise Zone (UEZ), we’ll assist you in registering for certification so you can enjoy the benefits of being a UEZ business:

  • Pass on savings to consumers with reduced retail sales tax
  • Make tax-free purchases of capital equipment, facility expansions, upgrades and certain personal property
  • Purchase subsidized unemployment insurance

To obtain additional information and assistance on the UEZ program, email Florence Baron at fbaron@jcedc.org or phone 201.284-9478.

You may also visit www.nj.gov/njbusiness/financing/uez/