We currently offer 2 loan products through our partner, The 504 Company – The Jersey City Fund and the Excelsior Growth Fund.

The Jersey City Fund

A SBA Community Advantage loan with amounts from $25,000 to $250,000. These loans are made for start-ups, early-stage and mature businesses, with an emphasis on minority- and women-owned businesses. The loans may be used for a range of purposes including purchasing new equipment, increasing inventory, hiring new workers, refinancing and more.

  • Term: Varies; 5-10 years
  • Interest rate: Varies
  • Collateral requirement: Yes
  • Application fee: Varies; $500-$1,500

A minimum credit score of 640 is required for approval.


If you are interested in applying for this loan and would like an initial review of your loan request, please provide a business plan and two years of tax returns for all owners of the business by email to Florence Baron at & Shannon Mitchell at



The Excelsior Growth Fund (EGF)

This loan provides up to $100,000 through a streamlined online platform. It is fast and easy. In just 20 minutes, you can submit all of the information needed to evaluate and process your small business loan application.

Learn more at