Jersey City Economic Development Corporation
Building Businesses. Building Lives.
Building Businesses. Building Lives.
Community Lending & Investment Corporation of Jersey City (CLIC) is dedicated to supporting small businesses and individual entrepreneurs by providing technical assistance and access to loans
CLIC Business Loans
CLIC loan proceeds may be used for repairs and renovations, inventory, machinery and equipment, furniture and fixtures, and relocation expenses.
To qualify for a CLIC loan you and your business must…
CLIC loan proceeds may be used for repairs and renovations, inventory, machinery and equipment, furniture and fixtures, and relocation expenses.
To qualify for a CLIC loan you and your business must…
- Have satisfactory credit histories;
- Demonstrate the ability to repay the loan;
- Provide the necessary 20% funding of the total project cost;
Be willing to pledge appropriate collateral to secure the loan;
Document the payment of personal and business City, State and Federal taxes for the past 3 years;
- Provide an effective business plan if yours is a start-up business. (Our Technical Assistance division will be happy to help you in preparing a business plan.)
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Paid for by the
Jersey City Urban Enterprise Zone Program © 2008 Jersey City Economic Development Corporation |