As a not-for-profit organization with limited access to capital, St. Philip’s Academy could appreciate the 25-year term and low interest rate on its financing made possible by the EDA’s issuance of tax-exempt bonds. read more
Main Street Business Assistance Program
The Main Street Business Assistance Program enables qualified small and mid-size businesses and not-for-profit organizations in New Jersey to access capital by providing State support for bank lending through loan participations and credit enhancements. Read more.