Financing

Mack-Cali Corporate Center, Paramus

Businesses looking for financing have a range of resources available to them via federal, state and local programs. The Bergen County Division of Economic Development will help you navigate these programs. Several examples include:

New Jersey Economic Development Authority


The New Jersey Economic Development Authority (NJEDA) is ready to put its resources to work for you. The NJEDA is a self-supporting, independent state agency whose mission is to stimulate business development, job creation and community revitalization throughout the State. NJEDA offers various financing programs. Financing programs include:

  • Bond Financing
  • Brownfields Redevelopment Loan
  • Direct Loan Programs
  • Economic Redevelopment
  • Edison Innovation Growth Fund
  • Fund for Community Economic Development
  • Growth Grant Program (ERG)
  • Loan Guarantees
  • Main Street Business Assistance Program
  • New Jersey Business Growth Fund
  • Small Business Fund
  • Smart Growth Pre-Development Program
  • Statewide Loan Pool Program
For more information on any of the New Jersey Economic Development Authority (NJEDA) programs, please contact Domestic Business Advocate Noel McGuire at 609-292-6335.

New Jersey Women’s Micro-Business Credit Program


The New Jersey Women’s Micro-Business Credit Program is a collaborative economic development program implemented by DCA’s Division on Women and New Jersey Redevelopment Authority (NJRA), a DCA affiliate. The program assists women with minimal business experience develop their entrepreneurial goals. Participants learn how to start, market, or expand their small business, as well as increase their business skills through training and mentoring opportunities. In addition, eligible participants have the opportunity to apply for a loan of up to $5,000. For more information please contact the New Jersey Division on Women at 609-292-8840.

Union County Economic Development Corporation (UCEDC)


The UCEDC is a statewide, nonprofit economic development corporation dedicated to assisting and financing small businesses, minority– and women-owned enterprises. Whether you are an entrepreneur looking for assistance to create a business plan and get your idea up and running, or you are an existing small business looking to grow, UCEDC offers programs to help. In addition to business counseling, the UCEDC offers financial assistance such as micro-loans, business growth fund loans, and more. For more information, please call 908-527-1166.

U.S. Small Business Administration


SBA programs and services support the small business person through SBA-backed loans, government contracting opportunities, disaster assistance, and training programs. Financing opportunities are available from $500 to $2 million. Programs include: Export Express, Micro-Loan Program, and Small Business Loan Programs. For more information, please call 973-645-3968.