Access the Top SBA Lending for New Jersey Small Business
New Jersey is recognized for its economy and strategic location making it a prime spot for small businesses to flourish. From the streets of Newark, to the shores of the Jersey Shore entrepreneurs have plenty of opportunities to thrive. With access to SBA lending programs small businesses in New Jersey can secure financial assistance to propel their ventures forward.
New Jersey
The Garden State
952,029 small businesses
1,900,000 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of New Jersey
Between March 2021 and March 2022, 48,289 New Jersey establishments opened and 26,040 closed, for a net increase of 22,249. Employment expanded at 73,111 establishments and contracted at 49,446. Small businesses accounted for 45,577 openings and 24,347 closings.
Establishments in New Jersey
Employment in New Jersey
Between March 2021 and March 2022, 48,289 New Jersey establishments opened and 26,040 closed, for a net increase of 22,249. Employment expanded at 73,111 establishments and contracted at 49,446. Small businesses accounted for 45,577 openings and 24,347 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in New Jersey
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $3.0 billion in loans to New Jersey businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $4.6 billion. Total reported new lending to businesses through loans of $1 million or less was $12.2 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of New Jersey's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in New Jersey
Business Count by Demographic in New Jersey
Total New Jersey Employement by Business Size
Small Business Employment and Payroll by Industry in New Jersey
Source: Business Employment Dynamics (BLS)