Program Overview
The Revolving Loan Fund (RLF) is designed to support small and growing businesses by providing affordable financing options that may not be available through traditional lenders. The program helps businesses expand operations, invest in new equipment, and create jobs in Jersey City.
Loan Highlights
Loan Amount
Up to $25,000
Loan Term
Up to 6 years
Interest Rate
4.5%
Eligible Uses of Funds
How RLF financing can support your business.
Equipment Purchases
Financing for machinery, equipment, and technology needed to operate or expand a business.
Working Capital
Support for payroll, inventory, rent, and other operational expenses.
Facility Improvement
Renovations and leasehold improvements that enhance business operations
Business Expansion or Relocation
Financing to help businesses grow or relocate within Jersey City.
Loan Payment Options
Loan payments may be made online or mailed to the JCEDC office.
Mailing Address
JCEDC
PO Box 8073
Jersey City, NJ
When paying online, please note that PayPal processing fees may apply. If you choose to pay online, adjust your payment amount to include any applicable processing fees so that your full scheduled loan payment is received by JCEDC.
