Access – NJEDA Financing for Wineries and Vineyards
The Access – NJEDA Financing for Wineries and Vineyards program offers flexible, cash-flow-based loans to help New Jersey wineries and vineyards invest in equipment, modernization, and operational improvements.
Funder: New Jersey Economic Development Authority
Due Dates: Rolling
Funding Amounts: Financing amounts vary; typically structured as direct loans or loan participations/guarantees.
Summary: Pilot lending program offering flexible, cash-flow-based financing for eligible New Jersey wineries and vineyards.
Description
This pilot program provides small businesses—specifically wineries and vineyards in New Jersey—with access to flexible financing through the New Jersey Economic Development Authority (NJEDA). The "Access" program is designed for businesses that are financially robust but may lack traditional collateral, as it prioritizes cash flow over hard assets in its lending decisions. Financing is available either as direct loans from NJEDA or through participations and guarantees with NJEDA Premier Lenders. Funds may be used for a wide range of capital expenditures essential to the wine industry, such as equipment, machinery, and operational improvements.
