New Jersey Business Finance Co
Fort Lee, NJ 7024
SBA Certified Development CompanyStates Served
Top Industries Financed
- Limited-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- Offices of Physicians (except Mental Health Specialists)
- Full-Service Restaurants
- Child Day Care Services
Quick Summary
New Jersey Business Finance Co is an SBA-certified Certified Development Company (CDC) headquartered in Fort Lee, New Jersey. Since 2010, they have approved 70 SBA 504 loans totaling $64.0M, with an average loan size of $915K. They primarily serve New Jersey businesses.
About New Jersey Business Finance Co
New Jersey Business Finance Co is an SBA-certified Certified Development Company (CDC) headquartered in Fort Lee, New Jersey. Since 2010, they have approved 70 SBA 504 loans totaling $64.0M, with an average loan size of $915K. They primarily serve businesses in New Jersey.
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Frequently Asked Questions
What does New Jersey Business Finance Co do?
New Jersey Business Finance Co is an SBA-certified Certified Development Company (CDC) based in Fort Lee, New Jersey. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. New Jersey Business Finance Co handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has New Jersey Business Finance Co approved?
According to SBA FOIA public records, New Jersey Business Finance Co has approved 70 SBA 504 loans totaling $64.0M since 2010. Their average loan size is $915K.
What states does New Jersey Business Finance Co serve?
New Jersey Business Finance Co primarily serves businesses in New Jersey.
How do I apply for an SBA 504 loan through New Jersey Business Finance Co?
To apply for an SBA 504 loan through New Jersey Business Finance Co, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact New Jersey Business Finance Co
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