What is Microloan?

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The Microloan program is tailored for entrepreneurs and small business owners who have operating businesses and commercial locations in New Jersey.
 

The Microloan program is for entrepreneurs and small business owners who need working capital including rent expenses, wage expenses, inventory purchases, renovation, and equipment purchases.

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The Microloan Program offers a below-market fixed rate starting from 3.25% with a fixed rate up to 10 years.