SBDCs also conduct training events throughout the district - some require a nominal registration fee. The BIC provides the tools necessary to develop a business plan, evalute your marketing and sales techniques, price your products or investigate opportunities. Special loan programs are available for businesses involved in international trade. Proceeds can be used for working capital and to purchase machinery and equipment, real property, and inventory. Guaranteed loans may also be used to purchase an existing business.
Terms vary depending upon the use of loan proceeds.
Interest rates also vary depending upon the size and term of the loan. The program is designed to provide the highest quality of business assistance services to established enterprises and promising new starts, with the objective of increased employment and increased contributions to the state and federal treasuries. Score has matched volunteer business management counslers with clients in need of expert advice. For a schedule of events, please click on the Calendar of Events button on the New Jersey SBA homepage. Program, the SBA assists small businesses owned and controlled by socially and economically disadvantaged individuals.