The funds will help companies grow, create job opportunities and sustain an inclusive local economy, New Jersey Community Capital said.
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Money
Sol-REIT closes term loan for Inspira solar project
The New York City company provides construction-to-permanent financing for middle-market solar developments across North America.
Read More »Nevakar closes on $12M in convertible notes
Additionally, the Bridgewater-based biopharmaceutical company and Oxford Finance agreed to an extension of the interest-only period on its existing debt.
Read More »SBA elevates NJ deputy Blackstock to district director
New Jersey Deputy District Director John Blackstock succeeds Al Titone in the position, who retired from the agency this past December after more than a decade in the role.
Read More »TD Bank foundation awards $5.8M in housing grants
Five recipients from the Garden State were chosen, receiving a total of $875,000.
Read More »Most in NJ not financially worse off due to winter COVID surge
A new poll sponsored by the William J. Hughes Center for Public Policy at Stockton University finds residents fared well amid omicron's emergence and onslaught; however, many are still pessimistic about the economy.
Read More »BNY Mellon promotes 3 to market presidents
The moves include Stephanie Giroux to serve Westchester and New Jersey, and Katia Friend for the New York Tri-State region.
Read More »Valley National’s $1.1B Bank Leumi USA acquisition eyes spring closing
The bank's parent company said it's received all regulatory, and shareholder, approvals in connection with the deal.
Read More »Bank of America invests in Black and Latino Angel Investment Fund of New Jersey
Less than 1% of all high growth technology startups are led by Black and Latino entrepreneurs, and few secure pre-seed capital for growth. The mission of the fund is to reverse this trend.
Read More »Daybase closes on $9.6M seed funding for expansion
The hybrid work company opened its inaugural location in Hoboken in January and is planning second and third locations, in Harrison, N.Y., and Westfield, respectively.
Read More »Advisors Mortgage adds 2nd Tinton Falls branch
Nick West, who brings more than 30 years of mortgage-industry experience to the company, will serve as manager.
Read More »As omicron wanes, NJ businesses struggle with inflation
At the variant’s peak in December and January, owners said that patronage dropped off, but activity has since bounced back. Now, they have bigger problems: higher costs and few workers.
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