NJEDA Board Approves Removal of Collateral Requirement from Main Street Micro Business Loan
The New Jersey Economic Development Authority (NJEDA) Board today approved a revision to the Main Street Micro Business Loan, removing the requirement for personal guarantees from owners of micro businesses. The Main Street Micro Business Loan, which succeeds the Micro Business Loan Program established by the NJEDA in 2019, is offered as part of the Main Street Recovery Fund—a $150 million suite […]