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RBAC’s mission is to provide loan capital and business mentoring to small business owners that cannot access more conventional bank financing. By financing and mentoring small businesses across New Jersey, we ultimately aim to create jobs and foster community wide economic development.
Regional Business Assistance Corporation (RBAC) is a private non-profit organization formed in 1981 to provide loans to small business owners in the city of Trenton. Through the years RBAC has expanded, and now offers financing to both new and existing small business in New Jersey.
All RBAC loan programs can be, and often are used in partnership with other lenders for larger loan amounts.
For example, a bank may be willing to lend a business the funds to buy real estate or equipment, while RBAC can provide the business with the working capital it needs to succeed.
- Paula Restrepo
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