What are eligible uses of funds?
RBAC most often finances equipment and inventory purchases and working capital, which can include advertising and marketing expenses, start-up bookkeeping, down payments, payroll services and other miscellaneous business expenses. With some of our more specialized loan programs, eligible only in Mercer County and focused on redevelopment in Trenton, RBAC can finance real estate acquisition and renovation. Most of RBAC’s real estate loans are part of a larger financing package, usually in partnership with a bank and/or the New Jersey Economic Development Authority.
