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EDA’s financing programs empower businesses of all sizes to reach their goals.

Please see the map below or any of the success story examples for how businesses across New Jersey have utilized EDA’s financing programs to meet their business needs.

Data mapped by PolicyMap, an online GIS mapping tool.


Every quarter, EDA distributes Biz Buzz - an e-newsletter with the latest news & information about EDA’s assistance to small businesses and manufacturers. Provide your email below to sign up for Biz Buzz and keep up to date on all news & information from EDA related to small businesses and manufacturers.




Biz Buzz Archive

Issue 1: Q2 2016



 
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    Riding High Farm

    Riding High Farm of Allentown, a provider of recreational and therapeutic horseback-riding instruction for people with special needs, received a $290,000 loan through the Small Business Fund.

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    Atalanta Corporation

    EDA provided financing to Atalanta Corporation, a global food importer, to expand its headquarters in Elizabeth.

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    Parlor Gallery

    Supported by the EDA’s Loans to Lenders Program, New Jersey Community Capital (NJCC) provided Parlor Gallery, a woman-owned, artist-directed-and-curated gallery in Asbury Park, with a $20,000 working capital loan, which supported the creation of marketing materials and other operating costs.

     

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    EVS Metal, Inc.

    To support its operations, EVS Metal received a loan from JP Morgan Chase with EDA participation through the EDA’s Premier Lender Program.

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    Carpet Girl

    Dianne Grossman, owner of Carpet Girl, is a recent graduate of UCEDC’s Entrepreneurship 101 program.

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    Academy of Allied Health Sciences

    With the support of the EDA's Loans to Lenders program, Greater Newark Enterprises Corporation (GNEC) provided a $25,000 loan to AAHSC to help with equipment purchases and working capital expenses.

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    Carton Brewing Company

    Carton Brewing was recently approved under the Premier Lender Program for a line of credit from Provident Bank, with a 50 percent EDA guarantee.

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    Flexline, Inc.

    EDA provided Kenilworth-based Flexline, Inc. with a guarantee of a PNC Bank loan.

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    Tri-Power Consulting

    Tri-Power Consulting, a Denville-based engineering, design, manufacturing and consulting business, received a loan through the Small Business Fund to consolidate leasehold capital improvement costs it made in connection with a full interior renovation prior to the purchase of the building it had been leasing since 2010. 

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    Habitat for Humanity of Burlington County

    Habitat for Humanity of Burlington County received a loan through the Small Business Fund to purchase the building it had been leasing in Maple Shade since 2014. Prior to that, the entity’s corporate offices and ReStore operations had been located in Cinnaminson. The move to Maple Shade was driven by the goal of expanding, and attracting more customers to the ReStore, which sells donated, secondhand items to raise money for the organization.

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    Aldo Design Group

    Aldo Floor Design received a line of credit for working capital through the New Jersey Advantage Program.

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    Cedar Barista

    EDA supported Cedar Barista with a guarantee of a Valley National Bank line of credit to help the company grow in Carlstadt.

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    Aurora Multimedia Corporation

    Aurora Multimedia Corporation received a loan through the EDA’s Small Business Fund, which provides financial assistance to qualified businesses through direct loans, participations or guarantees.

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    C&L Machining Company, Inc.

    EDA provided a $200,000 loan through the Small Business Fund to support this company’s growth in Brooklawn. 

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