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

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

EVS MetalDataline, Inc.EVS MetalParlor GalleryAcademy of Allied Health SciencesParlor Gallery Atalanta Corporation Jimmy's Cookies Carpet Girl EVS Metal Berry Fresh Farms, Inc. Broadway Packaging Solutions The Salsa Gang, Inc. GreenLife Energy Solutions Triad Advisory Services, Inc. East Coast Rubber Products, Inc. Allied Recycling, Inc. Dataline, Inc.


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    Agilence, Inc.

    EDA provided Agilence, Inc., with a $1 million Edison Innovation loan to help the company’s continued product development and resource expansion, including new offices at the EDA’s Waterfront Technology Center at Camden and the creation of approximately 27 new jobs.

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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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    Jimmy's Cookies

    EDA financing, including a participation in a Valley National Bank loan and a guarantee of a Valley National Bank working capital line of credit, helped the company purchase new equipment and relocate the entire operation to their current facility in Clifton.

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    Dataline

    EDA financing, including a line of credit guarantee, helped support the company’s growth in West Windsor.

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    Allied Recycling

    EDA financing, including a line of credit guarantee, helped support this company’s growth in Mt. Laurel.

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    East Coast Rubber Products, Inc.

    EDA assisted this company with a guarantee of a PNC Bank loan through the NJ Business Growth Fund – a joint program of the EDA and PNC Bank.

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    Berry Fresh Farms, Inc.

    EDA financing, including a guarantee of an Investor’s Bank loan and a guarantee of an Investor’s Bank line of credit, helped support this company’s growth in Brick.

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    Broadway Packaging Solutions, Inc.

    EDA financing, including a Provident Bank line of credit guarantee, helped support this company’s growth in Monroe.

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    Triad Advisory Services

    EDA financing, including a guarantee of a line of credit, helped to support the company’s growth in Vineland.

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    GreenLife Energy Solutions

    EDA financing, including a participation in a Susquehanna Bank loan, is helping the company grow in Egg Harbor.

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    The Salsa Gang Inc.

    EDA assisted this company with a guarantee of a PNC Bank loan through the NJ Business Growth Fund – a joint program of the EDA and PNC Bank.

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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 through the NJ Business Growth Fund – a joint program of the EDA and PNC Bank.

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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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