Bolstered by the success of its storefront and online shops, Bike Ahead needed a larger space to accommodate its rapid growth, so the company owners turned to the New Jersey Economic Development Authority’s (NJEDA) Premier Lender Program to support its purchase of a new, 33,000-square-foot warehouse in Totowa to house its operations. Through the program, Bike Ahead obtained a $1.89 million loan from Two River Community Bank that included a 30 percent NJEDA participation.

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

In 2016, after years of assisting customers in its leased office/showroom in Atlantic Highlands, the Gorsegner brothers decided to seek a permanent location. Upon identifying a 1,900-square-foot facility in Holmdel as its new home, Gorsegner Brothers was approved for a $432,000 Ocean First Bank commercial mortgage loan with a 16.67 percent Economic Development Authority (NJEDA) participation through the NJEDA’s Premier Lender Program.

To accommodate its remarkable growth, SLT Foods, Inc. bought a 75,600-square-foot facility in South Brunswick earlier this year, supported by an NJEDA participation in a Santander Bank loan through the New Jersey Economic Development Authority’s Premier Lender Program.