FINANCIAL RESOURCES / PROGRAMS
The Burlington County Bridge Commission’s Department of Economic Development and Regional Planning acts as Burlington County’s Improvement Authority and administers business loan programs on behalf of Burlington County. The focus of these programs is job creation and retention while offering low- and zero-interest business loans.
SMALL BUSINESS LOAN PROGRAM
Burlington County Route 130 Revolving Loan Fund Program
Zero-interest loans offered to businesses locating or expanding in the Route 130 Corridor, a region in Burlington County, NJ targeted for economic growth. Route 130 Corridor Map indicates eligible municipalities in Burlington County, NJ
The Route 130 Revolving loans are for:
- Acquiring Real Estate (Land and/or Buildings) in eligible municipalities Burlington County, NJ
- Improvements/Renovations to Real Property (Land and/or Buildings) in eligible municipalities Burlington County, NJ
- Fixed Assets or Working Capital for businesses in eligible municipalities Burlington County, NJ
In addition, Route 130 Revolving loans can fund up to 25% of project costs in participation with a commercial lender. Amounts are from $125,000 to $2,000,000.
Burlington County Small Business Direct Loan ($50K and under)
Low-interest loans offered to businesses located in or relocating to Burlington County, NJ; does not require bank involvement.
Small Business Direct Loans are for:
- Acquiring Real Estate (Land and/or Buildings) in Burlington County, NJ
- Fixed Assets or Working Capital for businesses in Burlington County, NJ
Burlington County Small Business Loan ($50K-$200K) Fund Program
Low-interest loans offered to businesses located in or relocating to Burlington County, NJ.
Small Business Loans are for:
- Acquiring Real Estate (Land and/or Buildings) in Burlington County, NJ
- Fixed Assets or Working Capital for businesses in Burlington County, NJ
Further, loans in this program can fund up to 25% of project costs in participation with a commercial lender and can be in the amount of $50,000 to $2,000,000.
ROUTE 130 REVOLVING LOAN FUND PROGRAM
Burlington County, NJ
for a comparison of loans and terms
SMALL BUSINESS LOAN PROGRAM
Burlington County, NJ
for a comparison of loans and terms
LOCAL GOVERNMENT AND NOT-FOR-PROFIT
The Commission also offers local government and not-for-profit financing. Since 2002, the Commission has completed financings in the amount of $1.1 billion for 30 municipalities and fire districts thus saving taxpayers more than $27.3 million dollars.
FINANCIAL RESOURCES
STATE AND OTHER RESOURCES
New Jersey Business Action Center, the Business-First Resource for Doing Business in New Jersey that helps companies of all sizes save time and money by getting answers from government agencies, directing businesses to appropriate contacts, and facilitating meetings and partnerships. All at no cost to New Jersey businesses!
New Jersey Board of Public Utilities, the state agency that provides assistance to industrial and commercial customers regarding their energy needs
New Jersey Board of Public Utilities Clean Energy Program, a financial incentive program for NJ residents, business owners and local governments to improve energy efficiency
New Jersey Business Action Center, the pro-business and proactive “one stop” resource for everything business in NJ
New Jersey Economic Development Authority, the state authority that provides financing and incentives to businesses as well as real estate development services and assistance
New Jersey Economic Development Authority Grow NJ Assistance Program, a powerful job creation and retention program that provides tax credits
Rutgers-Camden New Jersey Small Business Development Center, a valuable source for small business training and consulting
United States Department of Agriculture, Rural Development-Rural Business Cooperative Service, the federal agency that provides financial assistance to rural communities and utilities to build and expand infrastructure
United States Small Business Administration, the federal agency that provides financial assistance and small business planning and development services
Business.NJ.gov is your one-stop for the information you need to do business in New Jersey
CONTACT US:
Economic Development
Burlington County Bridge Commission
edcoordinator@bcbridges.org
(856) 829-1900 FAX (856) 786-2103
Physical Address:
1315 Route 73 North
Palmyra, NJ 08065
Mailing Address:
1300 Rte. 73 North, PO Box 6
Palmyra, NJ 08065-1900
What is an Opportunity Zone?
An area within an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment by the Internal Revenue Service (IRS).
