Business Loan Program – Hudson County Economic Development Corp
The Business Loan Program provides below-market funding to small businesses in Hudson County, New Jersey.
These loans are blended to the Prime Rate.
Loans vary between $25,000 and $100,000 and may be used for working capital, purchase of inventory, machinery/equipment, and building acquisition and expansion.
Repayment terms are flexible and can range to a maximum of ten years.
We have originated more than $3 million in loans to local businesses.