EDA's financing for small to mid-sized businesses and manufacturers have helped businesses across New Jersey overcome challenges, meet financing gaps, and create/retain jobs in New Jersey.

Please visit www.NJEDA.com/EDAWasHere to learn more about how EDA assisted these businesses.

EDA Support Helps Build Soho Studio's New Jersey Presence

In March 2017, Soho Studio took advantage of the EDA’s Premier Lender Program to help improve its cash flow. The company closed on a $9 million TD Bank loan that included a 22.2 percent EDA participation. As a direct importer and wholesaler, Soho Studio provides its customers with a diverse collection of over one thousand tiles, which have a wide variety of uses, such as backsplashes or flooring in both commercial and residential settings.

ConnectOne Bank Joins Growing List of EDA Premier Lenders

As part of ongoing efforts to support small business growth in the State, the EDA Board approved New Jersey-based ConnectOne Bank as a Premier Lender. The Premier Lender Program is a partnership between the EDA and more than two-dozen banks throughout New Jersey that is designed to help small businesses overcome financial obstacles that can stall growth and expansion.

 

Business Lease and Business Improvement Incentives Support Businesses in Trenton, Passaic and Atlantic City

The New Jersey Business Action Center Supports New Jersey's Small Businesses

New Jersey has over 840,000 small businesses - and they continue to create jobs, provide important services and products, and make a big impact on the state's economy daily. Whether a business owner's enterprise is home-based or a high-tech start-up, they can face challenges of all sizes when launching or running a small business.